SEC warns against “Pluggle” investment scheme

The Securities and Exchange Commission (SEC) warned the investing public against dealing with a group of persons representing an entity called Pluggle Inc. which has been soliciting investments without authority.

In an advisory released to the media on Thursday, the SEC’s enforcement and investor protection department said while Pluggle Inc. was registered with the corporate watchdog, this entity was not authorized to solicit investments from the public. This company had not secured the necessary license as required by the Securities Regulation Code, the advisory said.

As such, the public was advised to “exercise caution before investing in these kinds of activities and to tak…

Keep on reading: SEC warns against “Pluggle” investment scheme

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