Masa Mart Business Center Scam: What You Need to Know

If you are planning to invest in Masa Mart Business Center, a Multi-Level Marketing Company, think again. The SEC of the Philippines has released an advisory to the public against investing in the said entity.

The government agency said Masa Mart and its related entities do not have licenses to solicit investments from the public.

In addition, it’s not among the companies registered with the Bangko Sentral ng Philippines engaged in digital assets. Moreover, Masa Mart’s virtual currencies are not among the generally accepted virtual currencies.

In this article, we will explain to you why Masa Mart Business Center and its related companies won’t last long. So keep your money with you and invest it somewhere else.

Masa Mart Business Center is a Ponzi Scheme

Masa Mart and its related entities collect money from the public and promised them unrealistic returns ranging from Php2,476 up to billions of pesos for investments of Php1,250 up to Php500 millions, respectively. This is what they call the Subscription and Gains Program.

According to the SEC, gains offered in Masa Mart and Business Center investments translate to 30% per month or 2,561.81% per year. The gain depends on the option availed of by the investor, i.e., monthly or a“lock-in” period of 3 months, 6 months, or 1 year.

How will Masa Mart finance the gains offered to its investors?

Simple. From the investments of new recruits/investors. Clearly, Masa Mart is a Ponzi scheme. The products offered by the company are used as a front to cover its illegal activities.

Eventually, the scheme will fall when monies are no longer coming in.

Masa Mart Business Center is an Investment Scam

The SEC said Masa Mart has no Secondary License to solicit investments from the public. Hence, it is obvious that the government agency has been investigating the company due to various reports of illegal activities.

Generally, the SEC will shut down a company when it continues to operate even after the advisory. Expect that this will happen to Masa Mart if they won’t comply with what the SEC told them to do.

United Masa Coin and XUM Coin are Shitcoins

The company wants to ride the popularity of cryptocurrencies too. Masa Mart Business Center offers its brand of shitcoins, the United Masa Coin and XUM Coin.

These are worthless tokens with a utility value of zero given to gullible investors. These coins aren’t traded anywhere else.

Furthermore, Masa Mart is not among the registered companies authorized by the central bank to engaged in digital assets.

Payouts are Barely Approved in Masa Mart

Many member investors who want to cash-out their gains never received their payouts. They requested several months ago but to this date, they received nothing.

When payouts are barely approved in Masa Mart, it means cash is drying up. People behind this company are now busy preparing their exit plans.

File a Complaint Against Masa Mart Business Center

If you want to recover your investment (although there is assurance you can), we recommend you file a complaint against Masa Mart.

Masa Mart Business Center is a scam. It’s a Ponzi scheme and an investment scam.

Please report your case to the SEC, so they can act on it accordingly. Please call the Enforcement and Investor Protection Department at telephone numbers 8818-6047 or send your report to the EIPD at [email protected]

Please share story about Masa Mart in the comment section below.

8 thoughts on “Masa Mart Business Center Scam: What You Need to Know”

  1. From my previous experience its not that easy to get back a scammed funds because these scammers are very smart and they will cover their tracks but if you manage to find a trustworthy and reliable Recovery company, I said trustworthy and reliable because many scammers are out there disguising as Recovery agents and will only take your money without recovering your money, I was a victim of such myself after loosing my all my funds to cryptocurrency investment scam. I sort for help and I met few recovery agents and was scammed by a particular one again. Luckily for me I was referred to a company. Reach out to fightingscamsATaolDTcome he should be able to help you. It was worth it in the end.

    Reply
  2. Patuloy parin ang senior ko na mama sa pag invest kaya ubos ang pension nya haysss

    Target nila mga senior madali kasi paniwalain

    Reply
  3. ANDTO NA SILA SA UAE.SABI NILA NA APPROVED AT LEGIT NA SILA PINAS KAYA NAG EXPAND NA SILA DTO KAYA 8000 MEMBER NA SILA DTO SA UAE..

    Reply
  4. Nakapag pay out kami before almost 160k CASH na rin in 5mos not bad still waiting sa progress nito first crypto of ph hindi naman madali proseso nito ewan ko yung iba sinasabing scam mag invest lang kasi ng kayang iluwal hindi yung ilalahat mag invest lang kayo yung kaya niyong mawala hindi yung iiyak iyak kayo pag scam. RISK yan eh

    Reply
  5. So what is the status now of Masamart? Its not true that they are just having a trial for the exchanger ?

    Reply

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