SECP Alerts Investors to Surge in Online Trading Fraud and Fake Investment Platforms
SECP warns investors about increasing online trading scams in Pakistan, urging caution against unlicensed platforms, fake dashboards, and impersonation tactics to prevent financial losses.
SECP Flags Surge in Fake Trading Apps as Investors Fall Prey to Digital Market Scams
Pakistan’s financial regulator has uncovered a rise in unauthorized trading platforms impersonating licensed brokers, using celebrity images, AI-generated ads, and WhatsApp groups to lure investors into fraudulent schemes.