Female Celebrity Voluntarily Surrenders Over SEC Violation Charges

Rufa Mae Quinto Faces SEC Violation Allegations

Manila, Philippines — On Wednesday, actress Rufa Mae Quinto surrendered willingly to the National Bureau of Investigation (NBI) at Ninoy Aquino International Airport (NAIA) Terminal 1. The surrender came after a warrant was issued for her arrest in connection with the suspected improper solicitation of investments in a local skincare firm, Dermacare.

The actress came on a Philippine Airlines (PAL) aircraft from San Francisco, California. She is charged with fourteen charges of breaking the Securities Regulation Code. This legislation forbids the sale or offer of securities in the Philippines without appropriate registration and clearance from the Securities and Exchange Commission (SEC).

History of Dermacare and SEC Advisory

Dermacare, the source of the problem, has been under investigation since September 2023. The SEC issued an advisory informing the public that Dermacare was not permitted to solicit investments. The advice also said that business endorsers might face legal action.

This case also resulted in the arrest of actress-entrepreneur Neri Naig, which added to the mounting controversy surrounding Dermacare.

Voluntary Surrender and Bail Posting

Mary Louise Reyes, Quinto's lawyer, worked with NBI-NAIA chief Jimmy de Leon to arrange for the actress's voluntary surrender. Quinto posted bail in Pasay City for P1.7 million after the judicial procedure.

Quinto Denies Fraud Allegations

Quinto rejected any involvement in fraudulent operations in a public statement, saying, “I have no connection whatsoever to any fraudulent activity and categorically deny these baseless accusations.” If anything, I am also a victim who is committed to seeking justice.

She emphasized her years of hard work in establishing a recognized career, claiming that the claims were detrimental to her professional reputation.

“As a public person, I have always displayed professionalism, honesty, and respect for the individuals and companies I collaborate with. It is disheartening to watch my name dragged through the mud, but I remain steady and certain that the truth will eventually triumph.”

Dedicated to Justice and Transparency

Quinto informed the public that she is cooperating with authorities and intends to handle the allegations through the correct legal processes.

“Be certain that I will battle to protect my identity and reputation. I am grateful to all who have extended their love and support. Let us let justice take its course, and I sincerely request your patience and understanding as the truth unfolds.”

Final Thoughts

This continuing lawsuit serves as a reminder of the legal and ethical duties that accompany endorsements and investment requests. While Rufa Mae Quinto rejects all charges and claims to be a victim, the result of this case will hopefully provide clarity and justice to all those concerned.