SEC Warns of Ponzi Risks in AURUM BOT, ModMount Investments

The Securities and Exchange Commission (SEC) in Nigeria has identified potential ponzi-style risks in investment schemes offered by AURUM BOT and ModMount. The SEC issued warnings to the public, cautioning against investing in these platforms due to their high-risk nature.

AURUM BOT and ModMount are under scrutiny for their investment models, which may pose financial risks to investors. The SEC's alert aims to protect investors from potential fraudulent activities and financial losses associated with these schemes.