The Securities and Exchange Commission (SEC) has issued a public warning against engaging with Forsman & Bodenfors Ltd, citing alleged fraudulent activities linked to the company.
In an official statement, the SEC stated that the entity is not registered with the commission and is operating without regulatory approval, which violates Nigeria’s capital market laws.
The commission urged investors and the general public to exercise caution and avoid any dealings with the company, warning that any person or organisation transacting with unregistered firms does so at their own risk.
The SEC reiterated its commitment to protecting investors and maintaining the integrity of the Nigerian capital market.
