Peru's Superintendency of Banking, Insurance and Pension Fund Administrators (SBS) ordered the closure of the premises used by LIMA CAPITAL GROUP S.A.C. (Lima Capital) after finding it was promoting and carrying out public fund-taking without SBS authorisation, in breach of Article 11 of Law No. 26702. The action was taken under SBS Resolution No. 0388-2025 and involved the Public Prosecutor. SBS found the firm operated from offices in Miraflores, Lima, first at Av. Alfredo Benavides No. 1238, office 903, and later at Av. Petit Thouars No. 4655, office 403. The firm reportedly used loan agreements to take money from the public while promising “guaranteed” annual returns of 15% to 32% depending on the amount invested, with monthly interest payments and purported repayment of principal at maturity. After SBS requests to cease the activity were ignored, SBS filed a criminal complaint for illegal public fund-taking and for disobedience and resistance to authority, which the Public Prosecutor admitted and acted on through a court-ordered search that enabled the closure.
Superintendencia de Banca, Seguros y AFP del Peru 2025-02-05
Peru's Superintendency of Banking, Insurance and Pension Fund Administrators closes Lima Capital premises and files criminal complaint over unlicensed public fund-taking
Peru's Superintendency of Banking, Insurance and Pension Fund Administrators (SBS) ordered the closure of LIMA CAPITAL GROUP S.A.C. for unauthorized public fund-taking, violating Article 11 of Law No. 26702. The firm promised annual returns of 15% to 32% through loan agreements without SBS authorization. Following ignored cessation requests, SBS filed a criminal complaint, leading to a court-ordered search and closure of the firm's premises.