SEC urges FRSC officers to shun Ponzi schemes

The Securities and Exchange Commission (SEC) gave the advise during an investor enlightenment programme tagged “Investor Safety” for officers of the Federal Road Safety Corps in its zonal offices across the Federation.

While enjoining the officers to be wary of any investment that is proposing return levels that are unreasonably high, the SEC also advised investors to always cross check that such fund managers and the products they are offering are registered with the Commission.