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SECP Warns Citizens Against Investing in Fraudulent Schemes

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) issued a second warning against engaging in fraudulent investment programs that offer astronomical returns and implausible incentives.

The SECP has repeatedly clarified that a company’s registration alone does not permit it to solicit public deposits or provide investment plans.

As plainly stated in the explanation of section 301 of the Companies Act, 2017, soliciting unauthorised deposits from the public and engaging in referral marketing, multi-level marketing, pyramid, and Ponzi schemes are illegal.

In light of the foregoing, the general public is cautioned in their own best interests not to invest their hard-earned money or participate in criminal schemes developed by this company and actively promoted through social media accounts and pages.

Read: Coastline of Lasbela, Gwadar to be Developed for Tourism

In the meantime, a senior official of the SECP stated that these schemes have only been successful due to the public’s awareness of the financial stability of the companies selling them, but when these schemes collapse, the victims turn to various government organizations to reclaim their money.

Please contact Al Sadat Marketing for further assistance.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

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Syed Sadat Hussain Shah

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