SEC warns Nigerians against investing in suspected Ponzi scheme Tofro

The Securities and Exchange Commission (SEC) has issued a stern warning to Nigerians over the operations of an unregistered online platform, Tofro.com, describing it as a suspected Ponzi scheme disguised as a cryptocurrency trading platform. In an official notice released by the Commission, SEC cautioned that Tofro is not licensed to operate or solicit investments [...]The post SEC warns Nigerians against investing in suspected Ponzi scheme Tofro first appeared on Business Hallmark.

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