SEC orders caterer to stop illegal investment scheme

The Securities and Exchange Commission (SEC) has issued a cease and desist order against Melot’s Catering Services for illegally offering investments to the public.

The SEC directed the business, its owner Mary Rose Reales Ceprino, and their agents to immediately stop selling unregistered securities. They were also told to shut down online promotions related to the scheme and halt any financial transactions involving investor funds.

The order came following reports that the company was inviting people to invest in its kitchen expansion and renovation program. Investors were promised a 10 percent monthly return for six to 12 months, with a minimum investment of ₱50,000.

The SEC found that Melot’s Catering Services is not registered as a corporation or partnership and has no license to sell securities. It said the scheme constitutes financial fraud and could harm the public if not stopped.

The regulator had already warned the public in October 2025 not to invest in the company.

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