Karachi: The Securities and Exchange Commission of Pakistan (SECP) on Saturday said it has started legal action International Business Solutions Pvt .LTD and Topnotch World Technology (SMC-Pvt) Ltd.
According to statement issued by the SEC, it has come to its notice that the two companies are defrauding the general public and illegally raising deposits.
“These entities do not hold any license to launch investment schemes,” the statement said.
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