I was playing with my daughter when I heard the news on TV about One Lightning Corporation.
According to the news reporter, the NBI or National Bureau of Investigation arrested one of the owners or incorporators of One Lightning Corporation in the name of Marcos Jordan De Mesa, and NBI is currently on manhunt for the other 7 people who are behind this company, namely:
- Terrence Kenji Ito (President)
- Theodore Yuji Ito (Chairman)
- Jake Ryu Oprecio (Incorporator)
- Aldus Renier Tubiera (Incorporator)
- Joanary Roxas (Incorporator)
- Kent Ortiz (Incorporator)
- Edmer Maligaya (Incorporator)
De Mesa was at their Aero International office in Quezon City when the NBI agents served a warrant issued by the Pasig Court for syndicated estafa, which is a non-bailable crime.
Aero International is one of this group’s several companies, and which the SEC or Securities Exchange Commission has issued warnings to also. The other companies are Forward Direct Selling Corporation and Oasis Wellness and Beauty Corporation, which are all engaged in direct selling and networking.
These eight individuals are young professionals, with ages ranging from 22 to 28 and they were all issued hold departure orders by the Pasig Regional Trial Court Branch 155.
Who is One Lightning Corporation and why was it shut down by SEC?
One Lightning Corporation is a direct selling and investment firm that was shut down by SEC for allegedly failing to return as much as P500 million from 100 investors.
SEC’s Advisories and CDO for One Lightning Corporation
- February 27, 2015 – Advisory 1
“One Lightning has not been issued by this Commission a secondary license to publicly offer or sell securities and to solicit investments from the public.”
- March 11, 2015 – Advisory 2
“The Product Packages being publicly offered by One Lightning Corporation are in the nature of investment contracts which are considered as securities required to be registered with this Commission before they are sold or offered for sale or distribution within the Philippines.”
- March 19, 2015 – Issuance of Cease and Desist Order
“One Lightning Corporation, its officers, directors, agents, representatives, conduits, assigns, and any and all persons claiming and acting for and in behalf and under their authority are hereby ordered to IMMEDIATELY CEASE AND DESIST.”
According to Investopedia, Cease and Desist Order is an order given by a government administrative agency or the courts to stop any suspicious or illegal activities.
LIST OF COMPANIES THAT HAVE CDOs ISSUED AGAINST THEM
GMA News and Public Affairs has also published a news report regarding SEC’s warning for One Global Lightning that was aired on March 10, 2015.
Here’s also an article written by Salve Duplito on March 11, 2015 entitled, Why SEC issued warning vs One Lightning Corp
http://news.abs-cbn.com/business/03/11/15/why-sec-issued-warning-vs-one-lightning-corp
I did further research about One Lightning Corporation. Though I didn’t find a lot of websites and I couldn’t even get in to their website at www.one-lightningcorp.com, I was able to find some of their videos on YouTube.
Video 1 – ONE LIGHTNING CORPORATION 1 on 1 BUSINESS PRESENTATION (Published by One Lightning Wealth on March 4, 2015)
This is a video of one of their members explaining their business and how members could earn.
Video 2 – One Lightning Latest Update – July 20, 2015 (Published by chriman yuji Ito, July 20, 2015)
This is a video of the President, Chainman, and Incorporators of One Lightning Corporation, trying to give alternative solutions and asking for patience and cooperation from their members.
Video 3 – One Update 10/09/2015 (Published by chriman yuji Ito, October 9, 2015)
This is a video of the President of One Lightning Corporation, trying to explain the solutions for their ongoing issues with SEC, on rebates, and with their company in general.
By watching their videos above, their President, Terrence Kenji Ito, seemed to be sincere and concerned about his company and members and he continued to give updates even if it’s almost hopeless to be solved.
But it’s too late for them because NBI is already hunting them. They have to face the charges against them and pay the price for what they’ve done.
I have a few friends who have asked me to join this company before and good thing I didn’t join. But I feel sorry for those who have invested their hard-earned money and ended up losing it because this business turned out to be a scam or illegal.
With all the different investment opportunities available nowadays, it’s sometimes difficult to spot which of them are legit and which are illegal or scams. That’s why it’s very important to be cautious when making financial decisions.
Research and investigate the company before you invest. If it sounds too good to be true, the more you need to investigate and be cautious.
How to Avoid Online Banking Scams
NBI Hotline: 523-3265
Source: http://www.philstar.com/metro/2016/04/10/1571296/nbi-manhunt-7-p500-m-scam
Image Credit: http://philippineslifestyle.com/blog/2016/04/11/nbi-manhunt-7-filipinos-multi-million-peso-mlm-scam/
Speak Your Mind