SEC Alerts Public to Potential Fraud Involving “Samagi Capital”

SEC warns public against fake license claim by Samagi Capital

The Securities and Exchange Commission of Sri Lanka (SEC) has cautioned investors and the general public that Samagi Capital (Private) Limited is not licensed to operate as a stockbroker or stock dealer in the country. The SEC said a certificate circulating on social media, which purports to grant a Broker Dealer License to the company, is fraudulent and has not been issued by the Commission. The regulator described the document as “fake and mis…

SEC Alerts Public to Potential Fraud Involving “Samagi Capital”

The Securities and Exchange Commission of Sri Lanka (SEC) has released a public advisory cautioning investors regarding the operations of Samagi Capital (Private) Limited, clarifying […] The post SEC Alerts Public to Potential Fraud Involving “Samagi Capital” appeared first on FINANCIAL CHRONICLE.