SEC flags unregistered investment schemes by PWAN/PWAN MAX

Nigeria’s SEC has issued a public warning against PWAN and PWAN MAX, calling out their unauthorized capital-raising practices and possible ponzi structure.

SEC warns against Tofro.com, flags crypto platform as unregistered and fraudulent

The SEC has warned the public against investing in Tofro.com, calling it an unregistered platform showing signs of a Ponzi scheme, including failed withdrawals and unusually high returns.