STEERING ZAMBIA’S FIGHT AGAINST ILLICIT GAINS AS INTER‑AGENCY FRAMEWORK CONVENES ITS STEERING COMMITTEE’S QUARTERLY MEETING
Lusaka | October 14, 2025 – In a coordinated effort to enhance Zambia’s legal and institutional response to serious financial and economic crimes, the Steering Committee of the Inter-Agency Framework on Collaboration and Coordination in Asset Recovery held its quarterly meeting today at the Office of the Auditor General in Lusaka. The high-level session brought […]
PUBLIC ALERT – Vertex Pulse Edge fnl
The Securities and Exchange Commission (the “Commission”) has identified a purported investment scheme operating under the name “Vertex Pulse Edge”. Vertex Pulse operates and/or promotes the operation of its fraudulent business activities, through an online platform called the Vertex Pulse Edge Platform. The Commission has also noted that Vertex Pulse Edge’s scheme is being widely […]
PUBLIC ALERT – ponzi Core Various
The Securities and Exchange Commission (“the Commission”) has identified a purported investmentscheme operating under the name “Core Various.” The scheme is actively promoted on social mediaplatforms like Facebook and WhatsApp, claiming to offer investors returns of up to 10 times their initialinvestment after 100 days. It features an F50 earning category that heavily incentivizes recruitment,rewarding […]
PUBLIC ALERT – PMG
The Securities and Exchange Commission (“the Commission”) wishes to alert the public to a suspected Ponzi scheme operating under the name Performance Marketing Group (PMG). PMG claims to be an advertising agency affiliated with a UK-based company. PMG recruits individuals through a PMG mobile application, requiring them to pay a “security deposit” in exchange for […]
PUBLIC ALERT – Auteri Jewellers. final
The Securities and Exchange Commission (“the Commission”) has identified a purported investmentscheme operating under the name “Auteri Jewellery Company Ltd.” The scheme is actively promotedon social media platforms like Facebook, TikTok and YouTube, claiming to offer investors daily returns.The promoters of this scheme are enticing the public to invest money promising unusually high andfixed daily […]
“SCAM” ALERT: AGR SOLAR ENERGY CO LTD
The Securities and Exchange Commission (“the Commission”) has identified a purported investment scheme operating under the name “AGR Solar Energy Company Ltd.” The scheme is being marketed on social media platforms such as Facebook and WhatsApp as being involved in renewable energy projects, and has been inviting participants to “rent” or “purchase” photovoltaic (PV) panels, which are allegedly used to generate income through energy-related activities. The AGR Solar scheme encourages recruiting other people for monetary rewards and other benefits.
“SCAM” ALERT: TRUST FUNDER
The Securities and Exchange Commission (“the Commission”) has identified a purported capital raising and investment scheme operating under the name “Trust Funder.” The scheme is being marketed on social media platforms such as Facebook and WhatsApp as being a crowdfunding platform, where individuals are invited to pay money (which they are referring to as donations) to others with business ideas with each participant required to recruit at least two people to join in order to receive payments from those members.
Public Notice – Postponement of The Capital Markets Master Plan Launch
Public Notice – Postponement of The Capital Markets Master Plan Launch