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Originally published by The Standard
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September 12, 2026
22h ago

Markets regulator flags 15 firms in Kenya investment scam crackdown

Markets regulator flags 15 firms in Kenya investment scam crackdown

CMA cautions public against dealing with 15 unlicensed entities purporting to offer investment services, including Global Investment Group and CBEX; says they’re under probe...

✨ Key Highlights

Kenya's Capital Markets Authority (CMA) has flagged 15 firms for allegedly running unlicensed and fraudulent investment schemes, targeting the public with fake opportunities.

  • The CMA identified 15 entities operating unlawfully and soliciting funds without the required approval.
  • The Directorate of Criminal Investigation (DCI) is now collaborating with the CMA and other agencies to investigate these firms.
  • The regulator warned the public against dealing with entities that disguise fraud as investment opportunities, a concern heightened by warnings about unlicensed online platforms promising quick returns on forex trading and cryptocurrency.

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