The Securities and Exchange Commission has disclaimed the activities of Famzhi Interbiz Limited saying that neither the entity nor their products are registered or regulated by the Commission.
The Commission said the company, in spite of not being registered by the Commission, had proceeded to unlawfully solicit funds from the investing public on product neither registered nor approved by it. ”The attention of the SEC has been drawn to the illegal fund management operation conducted by Famzhi Interbiz Limited,” the statement said.
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