24 C
Accra
Monday, August 10, 2020
No menu items!

SEC probes operations of Golden Empire Legacy

Must Read

Beirut explosion: Angry protesters take to streets

Thousands of Lebanese, furious with their political leaders, are taking to the streets again, four days after a huge...

WAEC relocates Bright SHS Examination Centre to Ofori Panyin

The West African Examinations Council (WAEC) has in the interim and with effect from August 8, 2020, relocated the...

Conseslus Kipruto: Olympic champion tests positive for covid-19 and misses Monaco Diamond League

Olympic and world 3,000m steeplechase champion Conseslus Kipruto will miss the first Diamond League event of the season in...

The Securities and Exchange Commission (SEC), has indicated that it is investigating the operations of the Golden Empire’s  Legacy. It is involved in trading of Gold.

The Director-General of SEC, Rev. Daniel Ogbarmey Tetteh said the company has not been licensed by the Commission, though it offers returns on investments to customers.

The operations of Golden Empire Legacy Limited and its association with gold trade comes almost a year into the debacle that hit the securities market following locked up investments with Menzgold Dealership company.

He furthered cautioned the public to be wary of risk to their investments until SEC completes its investigations.

“We have received some notice through the usual channels by which people notify us of these schemes and we will follow our usual due procedure in advising clients. But it is important for investors to always ask questions and one of the fundamental questions you should ask before you place your money with any firm is to find out the underlying investment because when somebody promises a high return and further states that the return is guaranteed, it means that there is high risk involved and you are better advised to look for the exit d,” he said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Beirut explosion: Angry protesters take to streets

Thousands of Lebanese, furious with their political leaders, are taking to the streets again, four days after a huge...

WAEC relocates Bright SHS Examination Centre to Ofori Panyin

The West African Examinations Council (WAEC) has in the interim and with effect from August 8, 2020, relocated the examination centre of Bright Senior...

Conseslus Kipruto: Olympic champion tests positive for covid-19 and misses Monaco Diamond League

Olympic and world 3,000m steeplechase champion Conseslus Kipruto will miss the first Diamond League event of the season in Monaco after testing positive for...

Voter registration exercise peaceful and successful – EC

The Hohoe Municipality of the Volta Region at the end of the just ended Voter Registration exercise captured a total of 59,123 eligible voters. The...

Schools not reopening September — Education Ministry

The Ministry of Education says there are no immediate plans to reopen schools from next month for full academic activities. Consequently, it has called on...

More Articles Like This