
SEC Uncovers Another Suspected Illegal Investment Platform, Tofro; Warns Nigerians
SEC Uncovers Another Suspected Illegal Investment Platform, Tofro; Warns Nigerians The Securities and Exchange Commission (SEC) has uncovered another suspected illegal investment platform identified as TOFRO.COM (Tofro). The Commission raised the alarm in a notice issued yesterday and made available to newsmen. The Commission warned Nigerians against falling for their tactics to obtain money from them through the promise of unusually high returns. SEC said the suspected investment platform holds itself out as a crypto-currency trading platform, adding that such an investment scheme is not registered by the Commission. It said that based on its investigations, Tofro’s operations exhibit the…