The Securities and Exchange Commission (“the Commission”) has identified a purported investment
scheme operating under the name “AGR Solar Energy Company Ltd.” The scheme is being marketed
on social media platforms such as Facebook and WhatsApp as being involved in renewable energy
projects, and has been inviting participants to “rent” or “purchase” photovoltaic (PV) panels, which
are allegedly used to generate income through energy-related activities. The AGR Solar scheme
encourages recruiting other people for monetary rewards and other benefits.