MANILA -The Securities and Exchange Commission (SEC) is shuttering a Baguio City-based property company, which it alleged was operating an investment scam that affected over 700 victims. In a statement on Wednesday, the corporate watchdog announced the issuance of a "permanent" cease and desist order against Casa Infini Builders and Realty Co. Ltd., Casa Infini Realty Management Co. Ltd., and its affiliated entities. This affirms the June 8 order for the group to shutter its operations after it was found to be "actively selling securities, in the form of investment contracts, without the proper secondary license from the SEC". "Casa Infini enticed the public to invest in their a...Keep on reading: SEC orders ‘permanent’ shutdown of Baguio-based property company