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Published on 2026-05-14 17:45:02
The Securities and Exchange Commission, SEC, has warned the public against investing in illegal online schemes being promoted across social media platforms.
The commission in a public notice issued on Thursday in Abuja said many of the investment schemes exhibited characteristics of Ponzi and prohibited investment operations.
SEC advised the public to refrain from investing in those platforms promising unrealistic returns.
“Our attention has been drawn to the increasing promotion of…
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