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SEC issued LIST of investment scams that target teachers

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For the Information of all DepEd Teaching and Non-Teaching Personnel

The Securities and Exchange Commission (SEC) issued an advisory that they have numerous reports regarding an unknown entity allegedly encouraging public school teachers (PSTs) to invest in its programs enumerated below:

1. Teachers Financial Coaching Program (TFCP);
2. Teachers Financial Freedom Program (TFFP);
3. Elite Teachers Financial Program (ETFP); and
4. Teachers Financial Program (TFP)

Read Also: Guidelines on the Release of Funds for FY 2020

All DepEd teaching and non-teaching personnel are reminded to be cautious and not to deal with individuals offering the above mentioned programs, as they are considered as “investment scam”.

Should you encounter a similar case, please report it to the following authorities:

SEC Enforcement and Investor Protection Department
Tel: 8818-6047

DepEd Action Center
Tel: (02) 636-1663; 633-1942
Fax: (02) 638-8641
SMS: 0919-4560027

For more information, please read SEC’s advisory through this LINK.

Source: DepEd Usec. Annalyn M. Sevilla and Securities and Exchange Commission

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