PUBLIC ALERT – Velmont

PUBLIC ALERT – Velmont

The Securities and Exchange Commission (“the Commission”) has identified a purported investment scheme operating under the name “Velmont Gold Mining company” (Velmont). The scheme is actively promoted on social media platforms like Facebook and WhatsApp, inviting the public to invest K128 for 40-days, with a promise of earning K6.40 daily and a total pay-out of K256 at maturity, representing

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