SEC Nigeria Warns Public Against Unregistered Online Investment Schemes
action_requiredNigeria·SEC Nigeria·Wire Summary
The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to the increasing promotion of unregistered online investment schemes on social media applications and websites, including WhatsApp, Instagram, Telegram, Facebook, TikTok and other digital platforms. Many of these investment schemes exhibit characteristics of Ponzi or Prohibited investment schemes, while some
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