SECP Uncovers Fraudulent Investment Scheme Targeting Layyah Residents

The Securities and Exchange Commission of Pakistan (SECP) has uncovered an illegal deposit-taking and investment scheme under the names Summit 4X Trade and Summit AH Experts. The scheme targeted residents of District Layyah through branch offices, WhatsApp, and phone calls. The SECP states that sponsors Abdul Hai and Summer Abbas lured investors with promises of …

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