SECP Flags Equitrix & ahlexchange.com as Illegal Scams

ISLAMABAD: SECP has fired a red-alert warning against two unlicensed scam platforms — Equitrix Investment Management LLC and ahlexchange.com — that are fraudulently using Arif Habib Limited’s name to peddle fake “high-return” stock schemes**. The regulator confirmed both entities are 100% illegal, hold zero licence, and have been handed over to law enforcement. These WhatsApp & social media traps promise massive profits on listed shares while impersonating licensed brokers — classic bait for the unsuspecting. SECP hammered: Never send money to Equitrix, ahlexchange.com, or any random “agent” pushing similar schemes. Trade only with PSX/PMEX-licensed brokers — check the official lists or lose everything.