The Securities and Exchange Commission (SEC) has warned the public that Fidelity Capital Investment Group (FCIG) is NOT AUTHORIZED to solicit investments from the public.

Based on information gathered by the SEC, FCIG has been promoting unauthorized investment schemes primarily through online platforms. The group has reportedly enticed individuals to invest in its so-called “FCIG-YEPBIT Investment Trading Project,” promising high returns through a trading platform known as YEPBIT. Investors are asked to put in amounts ranging from USD 500 to USD 3,000, with supposed passive income released twice daily.

The SEC said the scheme violates Sections 8, 26, and 28 of the Securities Regulation Code (SRC) and Section 11 in relation to Section 3(f) of Republic Act No. 11765, or the Financial Products and Services Consumer Protection Act (FCPA).

FCIG is reportedly operated by its founder Jonathan Brook, also known as “Professor Brook,” who is allegedly based in Australia, with local counterparts and agents conducting promotional and recruitment activities in the Philippines, including online and through an office in Upi, Gamu, Isabela.

The SEC further disclosed that investors are allegedly required to recruit new investors in order to withdraw their supposed earnings, a structure that bears the hallmarks of a Ponzi scheme, where funds from new investors are used to pay earlier participants.

SEC records show that FCIG is not registered as a corporation or partnership and is operating without the necessary license or authority to solicit or accept investments, or to issue investment contracts or securities.

The public is strongly advised not to invest or to refrain from investing in any scheme promoted by FCIG or individuals claiming to represent the group. Those involved in soliciting, recruiting, or endorsing the scheme may face criminal prosecution under existing laws.

Individuals who may have been victimized or who have information related to FCIG’s operations are encouraged to report to the SEC Enforcement and Investor Protection Department at epd@sec.gov.ph or to contact the nearest SEC Extension Office. The public is also advised to verify registered entities through checkwithsec.sec.gov.ph or the SEC Check App.

The advisory was issued on January 26, 2026, in Makati City, for the information and guidance of the public.