The Commission said any investment activity promoted by the entity is unauthorised and illegal
The Securities and Exchange Commission (SEC) has issued a public warning about an unlicensed investment scheme being promoted online by a company known as Mekanism Marketing Ltd, also referred to as “Mekanism.”
According to the SEC, Mekanism Marketing Ltd is not licensed, authorised, or approved to operate in Ghana’s capital market.
The Commission emphasised that any investment activity promoted by the entity is unauthorised and illegal.
The SEC urged the investing public to exercise extreme caution and avoid investing in any product or scheme offered by Mekanism Marketing Ltd.
“Any investment activity promoted by this entity constitutes an unauthorized and illegal capital market activity,” the SEC stated.
Investors are encouraged to verify the licensing status of any company before committing funds and to report suspicious investment schemes to the SEC.
MA
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Source:
www.ghanaweb.com