The Securities and Exchange Commission (SEC) has issued a warning to the Nigerian public about the illegal operations of Silverkuun Investment Cooperative Society and Silverkuun Limited. According to the SEC, “Silverkuun is NOT REGISTERED to operate in any capacity in the Nigerian Capital Market.” The commission stressed that these companies are presenting themselves as Investment Advisers or Fund Managers without proper authorization.
This alert is important for anyone interested in investment platforms in Nigeria. High-risk investment scams like this can lead to major financial losses. The SEC warns that dealing with unregulated financial companies in Nigeria could expose investors to fraud and complete loss of their funds.
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To stay safe, the public is advised to confirm the registration status of any investment company using the SEC’s official portal at www.sec.gov.ng/cmos. Avoiding unregistered firms is key to secure financial planning and investment success in Nigeria.