SEC warns Nigerians against ponzi schemes, calls for vigilance to protect investors, economy

The Securities and Exchange Commission (SEC) has issued a renewed warning against the rising threat of Ponzi schemes, citing their damaging effects on investor confidence, financial stability, and the integrity of Nigeria’s capital market. This caution was delivered by Dr. Sa’ad Abdulsalam, Head of the SEC’s Enforcement Department, during a presentation titled “Ponzi Schemes: Avoiding [...]The post SEC warns Nigerians against ponzi schemes, calls for vigilance to protect investors, economy first appeared on Business Hallmark.

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