By Alma L. Tingcang
PAGADIAN CITY, May 28 (PIA) – Global Money is not registered with the
Securities and Exchange Commission (SEC) as a corporation and has also not been
issued a Certificate of Authority to operate as a lending company.
This information was contained in the
Advisory released by SEC and furnished to the media by Ma. Socorro M. Atay,
Provincial Director of the Department of Trade and Industry.
“I don’t know if this has been brought
to the attention of the media, word of mouth has reached DTI but nobody has
filed a complaint about Global Money Unlimited. And I don’t know if Caceres
Lending Investor or Caceres Global Foundation has reached Pagadian City or
Zamboanga del Sur but definitely, we have heard about Global Money Unlimited,” Ms. Atay explained.
She said the Commission advises the
public that the registration of CACERES LENDING INVESTOR COMPANY with SEC
Registration No. A1999090295 as a partnership has already expired in 2009.
Moreover, it has NOT been issued a
Certificate of Authority (CA) to operate as a Lending Company pursuant to Republic Act 9474 or the Lending
Company Regulation Act of 2007 and is therefore not allowed to engage in the
business of lending anywhere in the Philippines.
Furthermore, the records of the
Commission do not show the registration of GLOBAL MONEY UNLIMNITED, INC. and
CACERES GLOBAL FOUNDATION INC. as corporations or partnerships.
The public is therefore advised not to
enter into any lending or other transactions with the above-named entities.
Information relating to the
unauthorized lending or other activities of Caceres Lending Investor Company,
Global Money Unlimited and Caceres Global Foundation Inc. may be e-mailed to ced@sec.gov.ph or call the Enforcement and Prosecution Department at
Telephone Nos. 584-5337 (Office of the Director) and 584-7652 (Complaints and
Investigation Division). (ALT-PIA9/Zambo Sur)
