B Mirror Report: The Bangladesh Securities and Exchange Commission (BSEC) has issued an urgent warning to investors amid a surge in fraudulent activities involving online investment platforms promising stock market profits.

In a recent alert released by its Market Intelligence and Investigation Department, the regulator said that certain unscrupulous groups are misusing BSEC’s name to deceive investors. These groups present themselves as legitimate or approved securities firms, although they have no registration or license.

According to BSEC, fraudsters are targeting the public through various online platforms, mobile apps, WhatsApp groups, and social media. They lure victims with promises of high returns while falsely claiming to be authorized by the Commission.

The regulator has identified specific fraudulent activities linked to an unregistered entity named “Prosperia Securities Group Limited” (website: https://prosperiasecurities.com). BSEC warned that investing in such unverified organizations could lead to significant financial losses and clarified that it has no affiliation with the entity.

Investors have been strongly advised to verify the legitimacy of any company before making investment decisions. The Commission recommended checking the ‘Registered Entities’ section on its official website (https://sec.gov.bd/home). Information can also be verified through the websites of the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE).

BSEC also urged the public to report any suspicious activities or irregularities related to the capital market to its Market Intelligence Division via email at intel@sec.gov.bd.

The Commission said it will continue its monitoring and awareness efforts to protect investors and maintain discipline in the capital market.