The Securities and Exchange Commission (SEC) has cautioned the public against investing in Mekanism Marketing Ltd, describing the operation as an unlicensed and illegal investment scheme.
In a public notice, the Commission said Mekanism Marketing Ltd is not licensed to operate or offer investment services in Ghana’s capital market.
According to the SEC, the company has been promoting an investment model that promises unrealistic daily returns, a key red flag commonly associated with fraudulent schemes. The regulator warned that such guarantees are not consistent with legitimate investment operations and often expose investors to significant financial loss.
The Commission indicated that the activities of Mekanism Marketing Ltd are currently under investigation and advised the public to exercise extreme caution.
The SEC further urged individuals to verify the licensing status of any investment company before committing funds. It stressed that only institutions licensed by the Commission are permitted to operate in Ghana’s securities industry.
The regulator reaffirmed its commitment to protecting investors and maintaining the integrity of Ghana’s capital market. It also encouraged members of the public to report suspected illegal investment schemes to the Commission for appropriate action.
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