The Securities and Exchange Commission of Pakistan (SECP) issued a public warning about an illegal investment and deposit-taking scheme promoted on social media by the 4D Group of Companies and its owner, Muhammad Asif, which promises monthly returns of 8% to 12%. SECP stated that 4D Group of Companies is neither incorporated nor registered with the SECP under the Companies Act, 2017 and is not authorised to raise deposits from the public or offer investment schemes. The regulator advised the public not to invest or deposit funds with 4D Group of Companies or similar unregistered platforms, and said it has referred the matter to relevant investigative authorities for further action. SECP also reminded the public that a certificate of incorporation only confirms registration and does not authorise deposit-taking or the launch of investment schemes, and encouraged verification of investment opportunities through SECP channels.
Securites & Exchange Commission of Pakistan 2025-09-04
Securities and Exchange Commission of Pakistan warns the public against 4D Group of Companies’ unregistered deposit taking scheme promising 8% to 12% monthly returns
The Securities and Exchange Commission of Pakistan (SECP) warned against the 4D Group of Companies and its owner, Muhammad Asif, for promoting an illegal investment scheme promising 8% to 12% monthly returns on social media. SECP clarified the company is not registered under the Companies Act, 2017, and is unauthorized to raise deposits or offer investment schemes. The regulator advised the public to avoid investing with unregistered platforms and referred the matter to investigative authorities.