SECP Issues Alert Regarding Illegal Investment Scheme by 4D Group

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is cautioning the public about an unlawful investment and deposit-collecting scheme actively promoted on various social media channels by the 4D Group of Companies and its proprietor, Muhammad Asif. This scheme lures investors with the promise of substantial monthly returns, ranging from 8 percent to 12 percent.

The SECP clarifies that the 4D Group of Companies is neither incorporated nor registered with the SECP under the Companies Act of 2017.

Moreover, the entity lacks authorization to solicit deposits from the public or to introduce investment schemes. The SECP emphasizes that the investment and deposit-related activities undertaken by the 4D Group of Companies are illegitimate and carry a considerable risk of monetary loss for investors.

The SECP strongly advises the general public to avoid investing or depositing funds with the 4D Group of Companies or any similar unregistered platform, irrespective of its structure or operational modalities.

This issue has been brought to the attention of the relevant investigative agencies for necessary action against those implicated in these unlawful operations.

The public is reminded that a company’s “Certificate of Incorporation” solely validates its registration with the SECP; it does not empower the company to collect deposits or launch investment schemes. The SECP advises the public to exercise vigilance and to ascertain the authenticity of any investment opportunity through official SECP communication channels.

The SECP prioritizes safeguarding the public and suppressing unauthorized investment schemes, maintaining consistent monitoring and acting decisively upon detecting such activities.

Individuals can report suspected fraudulent investment schemes through the SECP’s Complaint Management System (https://xs.secp.gov.pk), via email at [email protected], or by contacting the SECP Toll-Free Helpline at 0800-88008.