phone us  +49 341 9826113     email us

GM Litigation Assistance - Financial Risk Management, Financial Forensic Investigation & Legal Support

Öffentliche Betrugswarnung – Verbraucherwarnung!

1-Ugrand Trading Inc

1-Ugrand Trading Inc - Warnung SEC Philippines - 2020-Jun-09



Based on the information gathered by the Commission, a number of individuals or group
of persons claiming to represent 1-UGRAND TRADING INC. ( "1UGRAND ") headed by a certain
Richard Aquino, are enticing the public to invest their money in said entity.

As posted online, 1UGRAND is offering investments to the public by paying an Entry
Fee amounting to Php500.00 per account. A member may avail of up to thirty-one (31)

It is worth noting that a member has a guaranteed Php800.00 income in just eight (8)
days per account or equivalent to sixty percent (60%), ON TOP of all other ways to earn.

Below are the ways to earn:

1. Direct Referral Bonus amounting to Php50.00 for every direct recruits;
2. Pairing Bonus amounting to Php100.00 per pair for a maximum of 10 pairs per day.
However, for every 5th pair, the pairing bonus is converted into products;
3. Unilevel Bonus amounting to Php5.00 from the recruit of his direct recruit up to the 10th
level; and
4. Click Ads Bonus amounting to Php10.00 per ads for a total of 10 ads per day good for 8
days totaling Php800.00.

The aforementioned schemes involve the sale of securities to the public, the Securities
Regulation Code (SRC) requires that these securities are duly registered and that the
concerned corporation and/or its agents have appropriate registration and/or license to sell such
securities to the public pursuant to Section 8 of the SRC.

Per records of the Commission, 1-UGRAND TRADING INC. is registered with the
Commission as a corporation, however, such registration specifically provides that the same
has not secured prior registration and/or license from the Commission as prescribed under
Sections 8 and 28 of the SRC.

Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such
for 1-UGRAND TRADING INC. in selling or convincing people to invest in the investment
scheme being offered by said entity including solicitations and recruitment through the internet
may be prosecuted and held criminally liable under Section 28 of the SRC and penalized with a
maximum fine of Five Million pesos (P5,000,000.00) or penalty of Twenty-one (21) years of
imprisonment or both pursuant to Section 73 of the SRC.

Also, those who invite or recruit others to join or invest in such venture or offer
investment contracts or securities to the public may incur criminally liability, or otherwise be
sanctioned or penalized accordingly as held by the Supreme Court in the case of Securities and
Exchange Commission vs. Oudine Santos (G.R. No. 195542, 19 March 2014).

The public is advised NOT TO INVEST or STOP INVESTING in any investment scheme
being offered by any individual or group of persons allegedly for or on behalf of 1-UGRAND
TRADING INC. and to exercise caution in dealing with any individuals or group of persons
soliciting investments for and on behalf of it.

Violators are further warned that aside from the strict penalties imposed by the
Commission for violations of the Securities Regulation Code, the Revised Corporation Code,
and such other rules and regulation it enforces, the Bayanihan to Heal as One Act (Republic Act
No. 11469) also punishes those participating in cyber incidents that make use or take
advantage of the current crisis situation to prey on the public through scams, phising, fraudulent
emails, or other similar acts.

Should you have any information regarding the operation of the subject entity, please
call the Enforcement and Investor Protection Department at telephone numbers (02) 8818-6047
or send your report to the EIPD at

For the guidance of the public.

Pasay City, 09 June 2020.