Press "Enter" to skip to content

Sri Lanka SEC warns public against online scams

ECONOMYNEXT – Sri Lanka’s Securities and Exchange Commission (SEC) has warned the general public of ongoing scams attempting to swindle money from potential investors in share market. The market regulator has already identified Bule Ocean Securities Limited and Gladius South Asia involved in scams. Tushara Jayaratne, the deputy director general of the SEC said the Blue Ocean has been involved in asking investors to start trading through an app named BOMate. “From this app, you can’t trade shares. But the money transaction goes through this app and the SEC system does not see these transactions. So the money is going…

Read the full article →