Oct 23, 2023
The Philippines SEC warns the public against Eliny App (or Eliny-PH.com/Eliny Trading) for unlawfully soliciting investments and falsely ass
Abstract：The Philippines SEC warns the public against Eliny App (or Eliny-PH.com/Eliny Trading) for unlawfully soliciting investments and falsely associating with Morgan Stanley. Promising high daily profits, this unregistered entity's scheme resembles a Ponzi, putting investors at risk. The SEC advises caution and due diligence before investing, as promoters may face significant penalties or imprisonment.
