SEC cautions investors about Casa Spoonful franchise co-ownership scheme
The Securities and Exchange Commission warned the public that a restaurant franchise co-ownership program marketed as Casa Spoonful promises guaranteed monthly returns of up to 4% and requires no branch management.
Why it matters
It alerts investors to a potentially deceptive scheme that could cause financial loss.
In this story
SEC advisoryinvestment schemefranchise co-ownershipguaranteed returnsfinancial fraudManilaPhilippines
