The Securities and Exchange Commission (SEC) has issued an advisory warning the public against investing in an entity named The Pegasus International Ventures Incorporation.

The Commission stated that Pegasus, operated by Yolanda Bandiola Galecia and four other named individuals, has been enticing public investment with promises of high monetary rewards.

Pegasus reportedly operates from physical offices, according to the August 8, 2025 advisory. In addition, the company conducts business online through various digital platforms.

In its advisory, the SEC described the entity’s operations as resembling a binary-like marketing or recruitment-driven model. It added that such a structure is often found in unauthorised investment schemes that are inherently unsustainable.

The primary issue highlighted by the Commission is the entity’s lack of proper licensing. Per SEC records, The Pegasus International Ventures Incorporation does not possess the required Secondary Licence. It also lacks legal authority to solicit investments from the public.

Under the Securities Regulation Code, any entity engaging in the business of selling investment contracts must first secure this specific licence from the SEC.

Any group and its promoters caught soliciting investments without the required licence will face legal consequences. The Commission emphasised that these penalties include administrative, civil, and criminal charges under the law.

The SEC issued strong advice for the public to be extremely cautious. Investors should be particularly wary of entities that promise financial returns that seem too good to be true.

It also reminded investors that a corporation’s registration alone does not grant it the authority to collect funds from the public.

Featured image by fmuda4166 via Freepik.