AGL40▼ -0.01 (0.00%)AIRLINK127.04▼ -0.95 (-0.01%)BOP6.67▲ 0.07 (0.01%)CNERGY4.51▼ -0.09 (-0.02%)DCL8.55▲ 0.07 (0.01%)DFML41.44▼ -0.04 (0.00%)DGKC86.85▲ 0.27 (0.00%)FCCL32.28▲ 0.14 (0.00%)FFBL64.8▼ -0.62 (-0.01%)FFL10.25▲ 0 (0.00%)HUBC109.57▼ -0.92 (-0.01%)HUMNL14.68▼ -0.07 (0.00%)KEL5.05▼ -0.08 (-0.02%)KOSM7.46▲ 0.34 (0.05%)MLCF41.38▼ -0.27 (-0.01%)NBP60.41▲ 0.32 (0.01%)OGDC190.1▼ -4.59 (-0.02%)PAEL27.83▼ -0.12 (0.00%)PIBTL7.83▼ -0.17 (-0.02%)PPL150.06▼ -1.11 (-0.01%)PRL26.88▲ 0 (0.00%)PTC16.07▲ 0.07 (0.00%)SEARL86▲ 7.8 (0.10%)TELE7.71▲ 0.32 (0.04%)TOMCL35.41▼ -0.26 (-0.01%)TPLP8.12▲ 0.21 (0.03%)TREET16.41▲ 0.52 (0.03%)TRG53.29▲ 0.53 (0.01%)UNITY26.16▼ -0.39 (-0.01%)WTL1.26▼ -0.01 (-0.01%)

SECP warns public against illegal investment schemes of Prime Zone

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

The Securities and Exchange Commission of Pakistan (SECP) has observed that M/s Prime Zone and its owner, Mr. Imran Butt, are involved in offering illegal deposit and investment schemes to the public by promising unrealistic monthly returns in the name of LPG trading.

The entity is operating social media pages with the title “Prime Zone Ltd.” and giving a false impression of being a registered company. The public is hereby informed that no company with the name and style of ‘Prime Zone Ltd’ is registered with the SECP. Prime Zone is neither a registered entity nor is it allowed to accept deposits or investments from the public.

The public is hereby Warned Not To Deposit/ Invest Funds with Prime Zone and its owner Mr. Imran Butt in whatsoever form and whatsoever arrangement. SECP has initiated legal proceedings against the involved persons.

 

Related Posts

© 2024 All rights reserved | Pakistan Observer