⚠️ SEC Issues Urgent Investor Warning Against Fraudulent Firm "Samagi Capital"

The Securities and Exchange Commission of Sri Lanka (SEC) has issued an urgent public notice warning investors against doing business with Samagi Capital (Private) Limited. • The Fraud: A fake Broker Dealer License certificate is currently circulating on social media. The SEC explicitly states this document is fraudulent, misleading, and was never issued by their office. • Licensing Status: The regulator confirms that Samagi Capital is not licensed to operate as a stockbroker or stock dealer in Sri Lanka. • Investor Action: The general public is strongly advised not to deposit any funds into accounts linked with this firm for trading on the Colombo Stock Exchange (CSE). Safety Precautions Recommended by the SEC: • Always verify licenses directly via the official SEC or CSE websites before investing. • Execute financial transactions exclusively through stockbroker firms holding a valid SEC license. • Conduct thorough due diligence to protect capital and prevent falling victim to financial scams.