MCM ROYALTY LEGACY INTERNATIONAL INC./ROYALTY LEGACY INTERNATIONAL INC. operates without the necessary license and/or authority to solicit, accept or take investments/placements from the public
Date Posted: 19 October 2021
MCM ROYALTY LEGACY INTERNATIONAL
Based on the information gathered by the Commission, a number of individuals or group
of persons claiming to represent
MCM ROYALTY LEGACY INTERNATIONAL
INC./ROYALTY
LEGACY INTERNATIONAL
INC
. headed by
MARY CHILES TALAMAYAN MENDOZA
and
JAMES
CATIMBAG SABENECIO
, are enticing the public to invest their money in said entity.
MARY CHILES TALAMAYAN MENDOZA
is an
incor
porator,
director, stockholder
, and
t
reasurer of
Yeheey
iTraffic System Inc.
,
the subject of an SEC Advisory issued on August 2018,
whose Certificate of Registration was
revoked
by th
e Commission
on
4 April 2019
for serious
misrepresentation as to what it can do
or is doing
to the great prejudice
of
and damage
to the
general public
for its “paid
–
to
–
click”
program
.
S
he
was also involved in
entities like
Pays Up
Online Marketing Business
and
Pays
–
UpGen Marketing Business Unlimited
which likewise
became
the
subject of an
SEC A
dvisory on
27 September 2019
1
.
MCM
ROYALTY LEGACY INTERNATIONAL
INC./ROYALTY LEGACY INTERNATIONAL
INC
.
is
enticing
the public
to join with just P1,000.00 in order to own/franchise the following
business services:
travel & tours
(ticketing),
bills payment
,
e
–
loading services
& Wellness
Products which will be registered in the name of the investor. Notably, investors may avail of up
to 15 accounts per name.
As posted, an individual who was convinced to join the company can earn by choosing from
the four (4) types of packages
it offers,
namely:
STARTER, BUILDER, ELITE AND EXECUTIVE.
1
https://www.sec.gov.ph/advisories
–
2019/pays
–
up
–
online
–
marketing
–
business
–
inc
–
and
–
pays
–
upgen
–
marketing
–
business
–
unlimited
–
inc/
Hereunder are the company’s ways to earn:
Through PASSIVE INCOME
Guaranteed P1,000 investment earns P3,000.00
in 15 days
even without invites:
1. PRODUCTS REBATES BONUS
Earn P100.00 daily income even without invites by logging in to
your
own account and in 15
days
you will earn
Php1,500.
2. PRODUCTS PACKAGE REBATES BONUS (MONTHLY company profit
which
depends on the
sharing
–
one time per account). The 10% monthly company
earnings on the total sales of the
product packages shall be divided among all members who have not reached the Php3,000 total
wallet income.
Through
ACTIVE INCOME
–
earn from Php3,000.00 to 45,000.00 per day.
3. DIRECT SELLING
Earn 50% discount on
all products
4. DIRECT REFERRAL BONUS
Earn Php100.00 for every invites.
5. PAIRING BONUS
Earn Php100.00 for every left and right pair (30 pairs per day)
6. UPLINE FLUSHOUT PAIRING
If the UPLINE reached more t
han 30 pairs of pairing bonus, e
arn 5% from every flush out of the
upline. Safety Net: P1,000.00 per day
7.
DIRECT FLUSHOUT PAIRING BONUS
Earn
5% for every flush out pairing bonus of the downlines, but with a
Safety Net of P1,000.00
per day
8. LEADERSHIP BONUS
Earn 10% from every pairing bonus of Direct Referral, but with a
Safety Net of P1,000.00 per
day.
9. LEVELING BONUS
Earn Php200.00 for every level of Direct referral (1
st
to 10
th
)
10. REACTIVATE BONUS
Earn unlimited P500.00
for every reactivation of Direct referral
T
he schemes being offered by
MCM ROYALTY LEGACY INTERNATIONAL
INC./ROYALTY LEGACY INTERNATIONAL INC
. is not within its allowed activities
and
partake
of
the nature of
securities in form of investment contract. Thus, under
the Securities Reg
ulation
Code (SRC)
said offer and sale of securities must be duly registered with the Commission and that the
concerned entity and/or its agents should have the appropriate registra
tion and/or license to sell
such securities to the public.
While
MCM ROYALTY LEGACY INTERNATIONAL INC
.
was registered with the
Commission on
17 January 2020 under
Company Reg. No. CS202000857, it
OPERATES
WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY
to solicit, accept or take
investments/placements from the public nor to issue investment contracts and other forms of
securities defined under Section 3 of
the SRC
.
Hence, those who act as salesmen, brokers, dealers or a
gents or claim to act as such for
MARY CHILES TALAMAYAN MENDOZA, JAMES CATIMBAG SABENECIO and MCM ROYALTY
LEGACY INTERNATIONAL INC./ROYALTY LEGACY INTERNATIONAL INC. in selling or
convincing people to invest in the scheme being offered by said entity including solicitations and
recruitmen
t 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 (Php5,000,000.00) 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 criminal 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).
Further, the names of all those involved will be reported to the Bureau of Internal Revenue
(BIR) so that the appropriate penalties and/or taxes be correspondingly assessed.
In view thereof, the public is advised
NOT TO INVEST
or
STOP INVESTING
in any
i
nvestment scheme being offered by
MCM ROYALTY LEGACY INTERNATIONAL
INC./ROYALTY LEGACY INTERNATIONAL INC.
and exercise caution in dealing with any
individuals or group of persons soliciting investments or recruiting investors for and on behalf
of MARY CHI
LES TALAMAYAN MENDOZA and JAMES CATIMBAG SABENECIO through MCM
ROYALTY LEGACY INTERNATIONAL INC./ROYALTY LEGACY INTERNATIONAL
INC.
Should you have any information regarding any investment solicitation by any individuals
or group of individuals on behalf
of MCM ROYALTY LEGACY INTERNATIONAL through MCM ROYALTY LEGACY INTERNATIONAL please send your report to the ENFORCEMENT AND INVESTOR
PROTECTION DEPARTMENT at
[email protected]
.
For the guidance of the public.
Pasay City, 19 October 2021