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SEC Cracks Down on HASMADAI for Unauthorized Investment Activities

The Securities and Exchange Commission (SEC) has issued a Cease and Desist Order (CDO) against three entities collectively known as HASMADAI:

  • 𝐇𝐀𝐒𝐌𝐀𝐃𝐀𝐈 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧, 𝐈𝐧𝐜.
  • 𝐇𝐮𝐦𝐚𝐧𝐢𝐭𝐚𝐫𝐢𝐚𝐧 𝐚𝐧𝐝 𝐒𝐩𝐢𝐫𝐢𝐭𝐮𝐚𝐥 𝐌𝐢𝐬𝐬𝐢𝐨𝐧 𝐀𝐩𝐨𝐬𝐭𝐮𝐥𝐚𝐭𝐞𝐬 𝐨𝐟 𝐃𝐚𝐯𝐚𝐨 𝐚𝐧𝐝 𝐀𝐬𝐢𝐚, 𝐈𝐧𝐜.
  • 𝐇𝐮𝐦𝐚𝐧𝐢𝐭𝐚𝐫𝐢𝐚𝐧 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐞 𝐨𝐟 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐂𝐨𝐫𝐩.

The CDO prohibits HASMADAI from engaging in unauthorized investment-taking activities through their "Mission Support" or "Charity Mission Support Pledge Form." The SEC considers this a form of soliciting investments without the necessary licenses and permits.

Order Extends to Individuals Associated with HASMADAI

The CDO also targets HASMADAI's officers, operators, administrators, promoters, and anyone affiliated with the organization. These individuals are directed to immediately cease any online activity related to the aforementioned investment scheme.

Failure to Comply May Result in Penalties

The SEC warns that non-compliance with the CDO will lead to "appropriate administrative and criminal action." This includes pursuing legal action against anyone who continues to solicit investments or act as an agent/representative for HASMADAI.

Further Information Available

For a complete understanding of the SEC's CDO, you can access the official document here: https://www.sec.gov.ph/.../humanitarian-and-spiritual.../...


From 4Ps Beneficiary to DSWD Public Servant: Jamilah Martinez's Inspiring Journey

In July 2023, Jamilah Martinez proudly walked across the stage, diploma in hand, marking not just the culmination of years of hard work, but the beginning of a new chapter dedicated to giving back. Little did she know, her journey from a child beneficiary of the Pantawid Pamilyang Pilipino Program (4Ps) to a Project Development Officer at the Department of Social Welfare and Development (DSWD) would inspire countless others.

A Childhood Shaped by Resilience

Jamilah's childhood in Pangasinan was marked by the challenges of a solo-parent household. Her mother, the backbone of the family, worked tirelessly to make ends meet after her father's departure. "My mom did laundry and took extra jobs to put food on our table," Jamilah recalls, highlighting the resilience that anchored their family amidst financial strains.

In 2014, their lives took a pivotal turn when they became beneficiaries of the 4Ps. This program, designed to alleviate poverty through conditional cash grants and family development sessions, provided not just financial support but crucial educational and familial guidance. "It wasn't just about the money; it was about learning how to manage our finances and strengthen our family bonds," Jamilah reflects.

A Journey of Sacrifice and Success

Determined to lighten her mother's load, Jamilah took on part-time jobs while pursuing her studies. Even as a high school student, she juggled schoolwork with work at a local eatery, driven by her desire to prove the value of the government's assistance. Her efforts were rewarded with a scholarship for her dedication to the Drum and Bugle Corps, which helped fund her Bachelor's degree in Financial Management at Virgen Milagrosa University Foundation.

Despite the challenges of balancing academics, part-time jobs, and extracurricular activities, Jamilah persisted, knowing that each sacrifice brought her closer to her dreams. "I believed that hard work would pay off someday," she shares, a belief that resonated deeply as she became the first in her family to earn a college diploma.

A Career Built on Gratitude and Service

Joining the DSWD as a Project Development Officer was more than a job for Jamilah—it was a chance to give back to an agency that had profoundly impacted her life. "Working here feels like my way of returning the favor and helping others just as I was helped," Jamilah expresses with gratitude.

Her role at the DSWD allows her to contribute to projects that continue the cycle of support for families in need, echoing the transformative impact she experienced firsthand. "I'm privileged to be part of an agency that changes lives," she emphasizes, acknowledging the agency's role not just in her personal journey but in uplifting countless others across the Philippines.

Inspiring Others Through Action

Jamilah Martinez's story is a testament to the power of resilience, determination, and the impact of effective government programs. From a young girl striving to support her family to a young professional shaping policies that benefit others, Jamilah embodies the spirit of possibility rooted in community support and personal drive.

As she continues to tread her path towards a brighter future, Jamilah Martinez stands as a beacon of hope and inspiration, proving that with perseverance and support, dreams can indeed become a reality. Her journey from beneficiary to public servant is a reminder that every individual has the power to make a difference—and that true success lies in lifting others as we climb.

In a world often defined by challenges, Jamilah Martinez's story reminds us that every challenge can be overcome with determination, support, and the unwavering belief in the promise of a brighter tomorrow.

Grow Your Child's Future with Security Bank's Junior One Savings Account

Security Bank Philippines understands the importance of teaching your child valuable financial habits early on. That's why they offer the Junior One Savings Account, designed specifically to help your little ones get a head start on saving.

What is a Junior One Savings Account?

This kiddie savings account comes with a passbook and a debit card (powered by Mastercard), making it easy for your child to learn about saving and responsible spending. Here are the key features:

  • Low opening balance: You can easily get started for as low as PHP 100.
  • Interest-earning: Accounts with a balance of PHP 5,000 or more start earning interest, helping your child's money grow.
  • Easy account opening: Get your child's debit card and online banking access on the same day you open the account!
  • Convertible junior account: When your child turns 18, their account automatically converts to a regular savings account.

Benefits of a Junior One Savings Account:

  • Develops good saving habits: By having their own account, your child can learn the importance of saving money for future goals.
  • Teaches responsibility: A debit card allows your child to experience responsible spending under your guidance.
  • Grow their money: Earning interest incentivizes saving and shows your child the benefits of saving.

How to Open a Junior One Savings Account?

Security Bank makes opening an account simple and convenient. Here's what you need to do:

  1. Visit the Security Bank website and complete the online application form.
  2. Wait for confirmation for an online video call appointment.
  3. Finalize the application through the online video call.

Additional Information:

  • This account is for children aged 18 and below.
  • For children 6 years old and below, the account should be opened as an ITF (In Trust For) account.
  • You can find more information about requirements, fees, and terms and conditions on the Security Bank website https://www.securitybank.com/.

Start your child's financial journey today with a Junior One Savings Account from Security Bank!

Make your children's summer memorable by opening an account today 👇
https://bit.ly/FunStartsWithJuniorOne-FB

4Ps Program Strengthens Filipino Families, Expands to Include More!

The Department of Social Welfare and Development (DSWD) has good news for Filipino families! The Pantawid Pamilyang Pilipino Program (4Ps) is making a big difference, and it's about to get even better.

4Ps: Making a Difference in Education and Behavior

Studies show 4Ps is having a positive impact on beneficiary families. Children are attending school more regularly, and the program's Family Development Sessions (FDS) are helping both parents and children. These sessions teach parents about their roles and responsibilities, which leads to better behavior at home and at school.

New Focus on the First 1,000 Days

President Ferdinand R. Marcos Jr. recently approved a significant expansion of 4Ps. The program will now include pregnant and lactating women, with a focus on ensuring the health of children during their critical first 1,000 days (from birth to age two). This is an important gap, as the current program doesn't monitor the health of mothers and babies during this crucial time. The expansion will address this by tracking their health and encouraging mothers to prioritize healthy habits.

Government Committed to Success

President Marcos is serious about the program's success. He's directed the DSWD to work with the National Economic and Development Authority (NEDA) to determine the budget and requirements for the expansion. There are already over 28,000 pregnant women and 108,000 children under two who will benefit from this expansion, as they are part of existing beneficiary households.

Looking Ahead: A Brighter Future for Families

The 4Ps program is a positive force in the Philippines. The expansion to include pregnant and lactating mothers shows the government's commitment to improving the well-being of Filipino families from the very beginning. With a focus on education, better behavior, and early childhood health, 4Ps is helping families build a brighter future.

LANDBANK Mobile Banking App Account Opening Temporarily Unavailable for Maintenance

June 15, 2024 – The Land Bank of the Philippines (LANDBANK) advises its customers that there will be a scheduled system maintenance activity affecting the processing of account opening applications submitted through the LANDBANK Mobile Banking App (MBA).

The maintenance will take place from 6:00 PM on June 16, 2024, to 6:00 AM on June 17, 2024. During this period, users may experience delays in submitting new account applications via the mobile app.

Important to Note:

  • All other features of the LANDBANK MBA will remain available for use.
  • LANDBANK will provide an update once the maintenance activity is complete.
  • The bank apologizes for any temporary inconvenience this may cause.

For further inquiries, customers are encouraged to contact their nearest LANDBANK branch.