Audio By Carbonatix
The Securities and Exchange Commission (SEC) has warned the public against some unlicensed investment products advertised by News GH and Ghana News on various social media platforms.
A statement issued by SEC on July 1, 2025 warned the general public to be vigilant and to desist from investing in the unlicensed products.
“News GH - advertising an unlicensed investment product called "Gold AI Rise Platform."
Ghana News - advertising an unnamed unlicensed investment product, promising unrealistic returns at no risk” the statement said.
According to SEC, it has not licensed any of the above-mentioned entities to carry out capital market activities, as mandated by Section 3 of the Securities Industry Act, 2016 (Act 929) as amended.
“The SEC is currently collaborating with law enforcement agencies to clamp down on the people behind these entities”, it assured.
SEC has stated that it will maintain surveillance over activities in the securities industry and to protect investors by publishing at regular intervals information it deems relevant to the public.
“The General Public is further advised to refer to the SEC through its toll-free line number 0800100065/main-line number 0302768970-2 or alternatively send an email to info@sec.gov.gh to confirm the licensing status of any entity offering products or services relating to investments in the Capital Market”.
Latest Stories
-
Central banks should avoid reacting too strongly to headline inflation – IMF
3 minutes -
Kumasi: One injured, shops destroyed in Atasemanso fire in Kumasi
16 minutes -
Global economy proving resilient, growth projected at 3.1% in 2026 – IMF
20 minutes -
NDC targets all 6 parliamentary seats in Ahafo Region for 2028
23 minutes -
Ghana targets thousands of overseas nursing jobs under Labour Export Programme
25 minutes -
Pius Hadzide explains why Sports Ministry always attracts scandals
26 minutes -
APL says GoldBod terminated US$1bn Goldstream deal over failure to meet obligations
31 minutes -
Daily Insight for CEOs: Making better decisions under pressure
32 minutes -
Weta rice farmers seek urgent support after floods destroy crops
33 minutes -
Mahama commits GH¢200m in 2027 Budget to complete Police Hospital expansion
36 minutes -
Standard Chartered Bank delivers strong returns and sustainable shareholder value
47 minutes -
Akufo-Addo’s role in the artificial cedi stability is indisputable — Facts do not bend to political convenience
50 minutes -
Breaking Bad actor RJ Mitte dies aged 34
57 minutes -
Wontumi pleads not guilty in GH¢30m Exim Bank loan case
1 hour -
Beyond the Flyer: Awareness without screening is not enough
1 hour