The National Baking and Stock Commission (CNBV) ordered the signature Aras Business Group suspend the promotion of savings capture from the general public, because this company does not have the authorization to do so because it is not an organization belonging to the financial system.
Said suspension occurs in a context where there are investors of this firm who have denounced the non-compliance with the payment of dividends, as well as the return on the investment made in the mechanisms offered by this company, whose website has more than 18,000 active associates.
“Aras cannot request or promote the obtaining of resources from an undetermined person in mass media, nor obtain or request from any person funds or resources in a habitual or professional manner or offer investments and returns… ARAS was ordered to suspend activities indicated ”, can be read on the sanctions portal of the CNBV.
According to information collected by this means, this action of the CNBV It is not the only one that some authority carries out, since it is known that the Federal Prosecutor’s Office is already aware of the case to carry out the corresponding investigations and act accordingly.
During 2021, Aras Buisiness Group It has been pointed out by several of its investors of failing to comply with its obligations. The signature has the figure of Investment Promoter Limited Company (SAPI), has denied that it is in a bankruptcy situation, but is only going through a contingency stage.
“” We are not bankrupt, we are going through a contingency stage due to several factors that coincided, including the restructuring of the company’s largest business model, which is the mining sector, and for this we wholeheartedly offer you an apology to all our associates ”, explained René Vargas, spokesperson for the firm, in a video uploaded to his social networks.
For the CNBVThe fact that a company has the SAPI figure does not give it the right to promote the massive capture of resources from the general public. “The registration of companies in the public registry of commerce and that are constituted as COW, does not imply authorization from this Commission to attract resources from the public or offer investments with returns, the SAPI are only a type of corporation to carry out commercial activities ”.
According to the information of the firm, the investment strategy of the same is based on portfolios specialized in segments such as mining, real estate, tourism, automotive and the health area.
On October 14, the firm indicated that it has instructed its collaborators, promoters and employees to suspend all promotional activity and use of mass media that advertise and promote the firm’s products.
“We can only make a private and non-public offer, in the same way, any activity that offers or infers the sale of products owned by credit or financial institutions, investment funds or the sale of public securities, owned by stock companies or brokerage houses ”, can be read in a statement from the Chihuahuan firm.
The illegal fundraising may incur criminal penalties, provided for in the law and the Credit Institutions, as long as the same CNBV and the Prosecutor’s Office coordinate to present the corresponding complaint in the General Prosecutor of the Republic and this integrates the preliminary investigation.
Reference-www.eleconomista.com.mx