A circular by the management of SEC and published on the commission’s website said the activities of the companies were not registered by it.
”The company claimed to be an investment company that engages in business development in commercial sectors of the economy and uses the funds in entities under Chinmark Group. “The commission hereby notifies the investing public that Poyoyo Investment Nigeria Limited have no tangible business model, hence it is a Ponzi scheme where returns are paid from other people’s invested sum,” it added.
todayng What has happened to crowdyvestng
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FinAfrica, Poyoyo Investment Limited are illegal operators, SEC warns Nigerians | TheCableSEC has warned members of the public not to deal with FinAfrica Investment Limited and Poyoyo Investment (Pilvest) Nigeria Limited.
Weiterlesen »
FinAfrica, Poyoyo Investment Limited are illegal operators, SEC warns Nigerians | TheCableSEC has warned members of the public not to deal with FinAfrica Investment Limited and Poyoyo Investment (Pilvest) Nigeria Limited.
Weiterlesen »