Jordan Daily – Jordan Securities Commission (JSC) on Saturday warned investors against dealing with unlicensed companies that lure the public with promises of unrealistic profits, whether through foreign stock markets or virtual assets, often promoted via social media platforms and misleading advertisements.
The regulator urged investors to verify in advance that any investment firm is licensed by the commission by checking its official website or contacting the JSC directly by phone. It also called on the public to report any suspected fraudulent or fake investment activities to the Public Security Directorate’s Cybercrime Unit.
The commission stressed the importance of confirming a company’s licensing status before investing or transferring funds and cautioned against being swayed by guarantees of quick or assured returns.
Dealing with unlicensed firms exposes investors to significant risks, including the loss of funds, falling victim to fraud, and the absence of any legal or regulatory protection, the JSC said.
The commission reaffirmed its commitment to protecting investors and said it would take the necessary legal measures against violators.
