ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has warned the public against investing in fraudulent and illegal schemes to extract capital by luring huge profits and unrealistic benefits.
Avoid those that lure capital with huge returns and unrealistic benefits. The SECP says the commission has been making it clear that mere registration of a company does not mean that the company can solicit capital from the public or issue investment schemes.
it has observed that Alliance In Motion Global Pvt (Ltd) Company is illegally offering various bogus profits to lure public into multi-level marketing and other illegal investment activities. .
