4 weeks SEC warns of another investment scam MB |Biz
By James A. Loyola The Securities and Exchange Commission (SEC) has issued a warning against another illegal investment scheme, this time by Scentko World Corporation and its purported parent, Brendahl Cruz Holdings, Inc. In a statement, the SEC said the firms have been promising a 400 percent return from their “buy and earn” program. The Commission’s Enforcement and Investor Protection Department noted that Scentko and Brendhal Cruz Holdings have not secured a secondary license to solicit investments from the public. “In view thereof, the public is hereby advised to exercise caution in dealing with any individuals or group of ... more