Lilith & Co. Incorporated, reportedly operated by Lilith Javier Reyes, solicits investments from the public primarily through social media. The entity promises exceptionally high and unrealistic returns, ranging from 30% to 100% within a short period of 1 to 30 days, on investments between PHP 500 and PHP 100,000. According to a public advisory from the Philippines SEC, the company is not registered to sell securities or investment contracts and exhibits the characteristics of a Ponzi scheme, where money from new investors is used to pay "profits" to earlier investors.

Founded in

United States