I would like to post the SEC Advisory posted on March 25, 2013 on the this link http://www.sec.gov.ph/notices/advisory/oneline%20monoline.pdf
The source was from the SEC website providing people awareness and good advisory.
25 March 2013
Online Monoline Marketing Scheme
Beware of On line, Monoline marketing scheme assuring potential investor of at least 3,000 Pesos income for three (3) heads or 30,000.00 for maximum cycle, less standard monoline deduction, per month.
To join, an investor has to buy one Vitamin C product kit for P1,000.00 at a promo discounted price and recruit two directs or take (3) heads at a cost of P3,000.00.
Think first before you invest. Verify or investigate the legal existence of the firm you are dealing with, the quality of the product, the credibility and competence of the people managing it, whether or not it is authorized to engage in the intended business activities, and the safety, soundness and financial viability of the investment.
Remember, it is questionable deal if the money you will earn i dependent on the number of the participants you can recruit and not on real products and real sales.
For the purpose, you may inquire from the Corporation Finance Department of the SEC with telephone number 5846103 or 5845950 or the Enforcement and Prosecution Department of the SEC at telephone number 5847187
You can then read the tagalog version of this on the link provided.