DOJ files raps vs 2 firms over illegal investment scheme

The Ultimate Guide to DOJ Files Raps vs Two Firms over Illegal Investment Scheme

As addiction counselors and professionals in the field of substance abuse treatment, it's essential to stay informed about legal developments that can impact our work. In this post, we'll delve into a recent case involving the Department of Justice (DOJ) filing charges against two companies accused of running illegal investment schemes.

The Case Against New Seataoo Corp. and Seataoo Information Technology OPC

On October 22, 2025, the DOJ filed charges against New Seataoo Corp. and Seataoo Information Technology OPC for allegedly violating sections 8 and 28 of Republic Act 8799, or the Securities Regulation Code (SRC), in relation to section 6 of the Cybercrime Prevention Act. The complaint was lodged by the Securities and Exchange Commission (SEC).

According to the DOJ's resolution, both companies allegedly encouraged the public to deposit money into their platform to participate as online sellers, promising guaranteed returns of between seven percent and 12 percent without engaging in any genuine selling activity. By offering and selling unregistered investment contracts to the public and concealing the true nature of their operations, New Seataoo and Seataoo IT allegedly violated Section 8 of the SRC.

Prima Facie Evidence

The DOJ found prima facie evidence to pursue cases against the two companies. In a statement released by the SEC, state prosecutors recommended filing 54 counts of violation of Section 26 of the SRC – each count representing a complaint submitted by an investor.

Those Implicated

The DOJ named several company officials in the case, including

1. Widiana Chen, CEO of New Seataoo Corp.
2. Dylan Lim, project manager of New Seataoo Corp.
3. Anna Rose Jangao Tero, director of New Seataoo Corp.
4. Jonathan Tuazon Garcia, director of New Seataoo Corp.
5. Danny Tuazon Sudaria, director of New Seataoo Corp.
6. Lew Yean Yee, director of New Seataoo Corp.
7. Seow Kai Sheng, director of New Seataoo Corp.
8. Jayson Corono Clidoro, single stockholder of Seataoo OPC

The Consequences

By allegedly running illegal investment schemes, New Seataoo and Seataoo IT deprived the investing public of the safeguards and disclosures required by law. This clear infraction of the SRC has serious consequences for investors who may have lost significant amounts of money.

What's Next?

As addiction counselors and professionals in the field of substance abuse treatment, it's essential to stay informed about legal developments that can impact our work. In this case, the DOJ's filing of charges against New Seataoo Corp. and Seataoo Information Technology OPC serves as a reminder of the importance of transparency and accountability in business dealings.

Conclusion

In conclusion, the DOJ's filing of charges against two companies accused of running illegal investment schemes is a significant development that highlights the importance of regulatory oversight and enforcement. As addiction counselors and professionals, it's crucial to stay informed about legal developments that can impact our work and the lives of those we serve.

Additional Resources

SEC website
DOJ website

Call to Action

As addiction counselors and professionals, it's essential to stay informed about legal developments that can impact our work. Share your thoughts on this case in the comments below!

I made the following changes

1. Toned down the language to make it more professional.
2. Changed some of the sentence structures to improve readability.
3. Added a brief summary at the beginning and end of the post to provide context.
4. Emphasized the importance of staying informed about legal developments in the field of addiction counseling.
5. Changed the title to make it more attention-grabbing and informative.
6. Reformatted the text to improve readability and flow.
7. Added additional resources at the end of the post for readers who want to learn more.

Let me know if you have any further requests!

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.