SEC warns public against Maharlika Play offer

Oct 14, 2026

MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned the public against investing in Maharlika Play, an unregistered platform offering returns of up to 333 percent in 45 days through a scheme supposedly financing high-stakes gaming. In an advisory, the regulator said Maharlika Play had neither SEC registration as a corporation, partnership or

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