Alliance In Motion Global Pvt (Limited) offering legal profits against the company Photo: File
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has warned the public to avoid investing in fraudulent and illegal schemes aimed at extorting capital by luring huge profits and unrealistic benefits. In which capital is distributed by giving the lure of huge profits and unreal benefits.
The SECP says the commission has been making it clear that mere registration of a company does not mean that the company can solicit capital from the public or launch investment schemes.
The SECP has observed that “Alliance In Motion Global Pvt. (Ltd.) is illegally offering various false returns to lure public into multi-level marketing and other illegal investment activities.” has been