SEC, group to train security agencies, lawyers on tackling ponzi scheme

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By Edith Ike-Eboh

The Securities and Exchange Commission (SEC) in collaboration with the Attorney General Alliance Africa (AGA-Africa) will train law enforcement agencies, lawyers and the public on prevention of ponzi scheme operations in the country.

A statement by a joint committee of SEC and AGA-Africa in Abuja on Sunday said the training would be a two-day webinar to educate the stakeholders on the prevention and investigation of ponzi schemes.

The committee noted that the training had become necessary as ponzi scheme operations were expected to become prevalent in this era of increased use of the cyberspace occasioned by corona virus pandemic.

”The rich sessions are designed to equip participants with knowledge and expertise required to enhance the process of preventing, investigating and prosecuting cases of ponzi scheme in Nigeria”.

The committee noted that different stakeholders drawn from various sectors from the country and diaspora would feature at…



Source: News Agency of Nigeria