SEC Notifies on the Illegal Activities Of FinAfrica Investment Limited (Chinmark Group)

Proshare

Tuesday, December 28, 2021 / 09:10 AM / by SEC Nigeria / Header Image Credit:  FinAfrica


The attention of the Securities and Exchange Commission, Nigeria ("SEC") has been drawn to the activities of an Illegal Operator (FINAFRICA INVESTMENT LIMITED). 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 Chimark Group.


The Commission hereby notifies the investing public that neither FINAFRICA INVESTMENT LIMITED nor Chimark Group is registered by the SEC and the Investment Scheme promoted by these entities are also not authorized by the SEC.


In view of the above, the general public is hereby WARNED that any person dealing with the within named Company in any capital market-related business is doing so at his/her own risk.


Proshare Nigeria Pvt. Ltd.


Related News

  1. Natwest Fined 264m Pounds After Taking Deposits of Laundered Cash in Bin Bags
  2. FMAN Supported by EFCC and SEC Nigeria to host the "War Against Ponzi Schemes"
  3. CBN Issues Public Alert on Fake eNaira Social Media Handles
  4. AfDB Debars Express Automation Limited for 36 Months for Fraudulent Practices
  5. AfDB Debars Rockey Africa Limited, its Affiliates and CEO for Fraudulent Practices
  6. Nigerians Have Lost Over N300bn to Ponzi Schemes - CIIA
  7. Ponzi Schemes: Plugging the Ills of Unregistered Fund Managers in Nigeria
  8. US SEC Issues Investor Alert on Digital Asset and "Crypto" Investment
  9. AfDB Debars Sargittarius Nigeria Limited and its Affiliates for 18 months for Fraudulent Practices
  10. FHC Abuja Issues Judgement in Respect of BARA Finance and Investment Ltd and Its Promoters

 

Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP