The Jordan Securities Commission issued an investor warning about dealing with unlicensed companies that lure investors with “fantastic” or “imaginary” profits, including offers linked to foreign exchange and virtual assets promoted via social media and misleading advertising. Investors are urged to verify a firm’s licensing status through the Commission before investing or transferring funds and to avoid relying on promises of quick or guaranteed returns. The Commission highlighted key risks of engaging with unlicensed entities, including loss of funds, exposure to fraud, and the absence of legal or supervisory protection, and encouraged reporting suspicious or fake investment activities to the Anti-Cybercrime Unit while noting it will take legal measures against violators.
Jordan Securities Commission 2026-01-04
Jordan Securities Commission warns investors against unlicensed firms touting quick profits in foreign exchange and virtual assets
The Jordan Securities Commission issued a warning against unlicensed companies offering unrealistic profits through foreign exchange and virtual assets, urging investors to verify licensing and report suspicious activities to the Anti-Cybercrime Unit. The Commission emphasized risks such as fund loss, fraud exposure, and lack of legal protection, and stated it will pursue legal action against violators.