Securities And Exchange Commission Sec 1

Securities and Exchange Commission alerts Nigerians over new ponzi schemes

The Securities and Exchange Commission (SEC) has cautioned Nigerians against engaging with Gvest Global, which it described as an unregistered investment adviser and fund manager promoting illegal schemes. The commission issued the warning in a public notice released recently. It said the company operates under several names, including Gvest (Alausa) Cooperative Multipurpose Limited, Gvest Investment

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