The Securities and Exchange Commission has sealed off the premises of Oxford International Group/Oxford Commercial Services, Farmforte Agro Allied Solutions Limited/Agro Partnerships, as well as Vektr Capital Investment/Vektr Enterprise for alleged illegal involvement in capital market activities.
SEC, in a statement, said: “These companies do not have registration of the SEC to conduct fund management activities and have been found to promise exorbitant rates of returns to lure investors. The SEC has exercised its powers under Section 13 Investments and Securities Act 2007, to shut them down.
“The public is hereby reminded that it is unlawful for any private enterprise whether incorporated as a company or not, to solicit funds from the public by whatever means, to fund its private ventures as doing this will be in contravention of the Investments and Securities Act, 2007.”
How much were those ones promising?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC seals offices of Agropartnerships, Oxford International Group over 'illegal investment activities' | TheCableThe Securities and Exchange Commission (SEC), on Monday, sealed the premises of three companies for allegedly engaging in illegal investment activities. SECNigeria here are my naked photos SECNigeria Some of the firms named have been bandying about repayment plans. Enter Force Majeure. CharlieofLagos SECNigeria MBA forex don disguise
Source: thecableng - 🏆 2. / 80 Read more »
SEC seals offices of Agropartnerships, Oxford International Group over 'illegal investment activities' | TheCableThe Securities and Exchange Commission (SEC), on Monday, sealed the premises of three companies for allegedly engaging in illegal investment activities. SECNigeria here are my naked photos SECNigeria Some of the firms named have been bandying about repayment plans. Enter Force Majeure. CharlieofLagos SECNigeria MBA forex don disguise
Source: thecableng - 🏆 2. / 80 Read more »
‘More engagement will help address policy issues affecting capital market’ | The Guardian Nigeria News - Nigeria and World NewsNigerian Exchange Limited (NGX) has stated that collaboration and engagement with a ‘stronger voice’ will help to address several policy changes recently affecting the capital market. here are my naked photos
Source: GuardianNigeria - 🏆 1. / 94 Read more »