11 min read
The Securities and Exchange Commission of Pakistan (SECP) has released a list of 37 companies that are doing illegal business, such as illegal stock/shares trading platforms and leasing, funding, and loan facilities.
In accordance with the information provided by the SECP, there are registered businesses that are believed to be involved in unlawful business activities. These include activities such as leasing, financing, and loaning, multi-level marketing, pyramid schemes, and the solicitation of public deposits under the cover of job opportunities, investments, and trading, among others.
It has come to SECP’s attention that the following entities are not registered with SECP, but they are acting as registered corporations and some of them are even making faked or altered incorporation certificates to trick people.
Updated on December 17, 2024:
| S.No. | Name of the Entity |
| 1 | AlJamal Trade Investment |
| 2 | Asan Rozgar Company Pvt Limited
Asan Rozgar (Private) Limited Asan Rozgar Global (Private) Limited |
| 3 | Asia Online Work (SMC – Pvt.) Ltd |
| 4 | Bitcashpk |
| 5 | BitMaza |
| 6 | Frizpy Advertising and Marketing (Private) Limited |
| 7 | Grow Online Work (SMC- Private) Limited |
| 8 | Get Raedy Cash (Private) Limited |
| 9 | KK Empires (SMC-Pvt) Limited |
| 10 | Pro Market Cap |
| 11 | Forex Egency |
| 12 | Save Money |
| 13 | Forex Capital Pvt Ltd |
| 14 | Easy Paisa Bank |
| 15 | Begolife Private Limited Company |
| 16 | Blue Sky General Trading Pvt Ltd |
| 17 | EBL Pakistan |
| 18 | Trade4pay |
| 19 | Dream Star |
| 20 | LCL Global |
| 21 | E TEN POWER (SMC-PRIVATE) LIMITED |
| 22 | THE SHARE BAZAAR (SMC-PRIVATE) LIMITED |
| 23 | Rock Stable Earn |
| 24 | Ultra Paid Wire Pvt Limited |
| 25 | The Save Money (SMS-Private Limited |
| 26 | IW ALTERNATIV GENERAL PARTNER LIMITED |
| 27 | Return Extra Private Limited |
| 28 | The Digital Invest (Private) Limited |
| 29 | Forex Trading Pvt Ltd |
| 30 | SmartPays (www.smartpays.org) (App apk: www.smartpays.org/smartpays.apk) |
| 31 | The Plexus Earn (Pvt.) ltd |
| 32 | Aviva Investment Group/ H1-Aviva Securities Exchange Academy/ Aviva Investment Limited |
| 33 | IGIL Securities/ WTIC World Top Investor Competition |
| 34 | IBKR/ IBKR Wealth Hub520/ Professional Global Stock Trading Platform/ WTIC World Top Investor Competition |
| 35 | BMAC/ BMA Capital No.108/ BMA Capital International Pla/ BMAC Global Pro/ WTIC World Top Investor Competition |
| 36 | ABRDN Group Practical Investment Academy/ WTIC World Top Investor Competition |
| 37 | UBS Securities Exchange Academy/ UBS Equity Market Investment Blueprint/ WTIC World Top Investor Competition |
There are legal restrictions and prohibitions on these schemes, activities, and businesses, and the general public is being alerted to them. Just because a corporation is registered with SECP doesn’t mean it may start collecting public deposits. Everyone is being warned that it is in their own best interest to be careful with their finances and business dealings with these companies and not fall for such tempting schemes.
Promoting Illegal Stock/Shares Trading Platforms on Social Media: Social media platforms like WhatsApp, Instagram, and Facebook are filled with fraudulent investment schemes that pose as investing advice or training courses. The advertising persuades people to sign up for memberships or invest through their platforms by promising them simple loans for investment purposes, bonuses, insider information, and amazing gains with minimal risk.
In addition, SECP and PSX, as well as other well-known professions and businesses, are using their names and logos to trick investors. SECP was added to the WTIC World Top Investor Competition.
The names of the following businesses and organizations have been brought to SECP’s attention:
| S.No. | Name of the Company | City of Registration |
| 1 | 3 Genius Group of Companies
i. Brand Exportia (Private) Limited; ii 3G Adventure Tourism (Private) Limited; iii GMQ Builders and Developers (Private)Limited |
Lahore |
| 2 | 3A Alliance (Pvt.) Limited | Karachi |
| 3 | A & F Online Jobs Services (Private) Limited | Karachi |
| 4 | Ababil Systems (Private) Limited | Islamabad |
| 5 | Ace Marketing (Private) Limited | Islamabad |
| 6 | Adam Khan Automobiles (Private) Limited | Peshawar |
| 7 | AH Buzz Online (SMC-Private) Limited | Faisalabad |
| 8 | Al- Haram Merchandise (Private) Limited | Faisalabad |
| 9 | Al Sayara Motors (Private) Limited | Islamabad |
| 10 | All Pakistan Projects:
i. APP Projects and Real Estate (Private) Limited; ii. APP Restaurants & Cafe (Private) Limited; iii. APP Riders (Private) Limited; iv. APP Shopping Mall (Private) Limited; and v. AITS Traders (SMC-Private) Limited |
Islamabad and Lahore |
| 11 | Alliance in Motion Global (Pvt.) Limited | Lahore |
| 12 | Aman Alliance (Private) Limited | Karachi |
| 13 | Auto Emporium Enterprises (SMC-Private) Limited | Lahore |
| 14 | Ayat Enterprises (SMC-Private) Limited | Islamabad |
| 15 | B4u Group:
– Aas Waryas Global Trading (Private) Limited; – Aas Waryas Logistics (Private) Limited; – Agrozem Chem (Private) Limited; – Alpha Advertising (Pvt.) Limited; – B4usoft (Private) Limited; – B4u Builders & Developers (SMC-Private) Limited; – B4u Consultant (SMC-Private) Limited; – Bravo Taxi Service (SMC-Private) Limited; – Business Live (Private) Limited; – Emerging Innovations (Private) Limited; – Future Property Associates (Private) Limited; – Niazi Law Associates (Private) Limited; – Niazi Oil Services (Private) Limited; -Perfect Modaraba Management Company (Private) Limited; – Saif Rovina Associates (Private) Limited; – SR Cash & Carry (Private) Limited; – SRKN Limited; – SRKN Travels Tours & Recruiting Agency (SMC-Private) Limited; |
Lahore and Karachi |
| S.No. | Name of the Company | City of Registration |
| 16 | BD4u Marketing (Private) Limited | Islamabad |
| 17 | Best Day Innovative Solutions (Pvt.) Limited | Faisalabad |
| 18 | BH Online Jobs Services (SMC-Pvt.) Limited | Karachi |
| 19 | BK Globel World (SMC-Private) limited | Faisalabad |
| 20 | Black Diamond Goat Farm (Pvt.) Limited | Multan |
| 21 | Brand Testing Servicing Pakistan (Private) Limited | Multan |
| 22 | Brilliant General Trading Limited | Karachi |
| 23 | British Lyceum (Private) Limited | Lahore |
| 24 | Btech Online Work (SMC-Private) Limited | Karachi |
| 25 | Carzio Auto Enterprises (SMC-Pvt.) Limited | Lahore |
| 26 | Corporate Automobiles (Private) Limited | Peshawar |
| 27 | Direct Testing Services (Private) Limited | Islamabad |
| 28 | Dream Automobiles (Private) Limited | Islamabad |
| 29 | DXN International Pakistan (Private) limited | Karachi |
| 30 | Eagle Crest (Private) Limited | Karachi |
| 31 | Eagle Crest Projects (Private) Limited | Karachi |
| 32 | Eman Albarka Trading Company (Private) Limited | Islamabad |
| 33 | Fragrance Land (SMC-Pvt.) Limited | Islamabad |
| 34 | Fine Technology Online (Private) Limited | Karachi |
| 35 | FS Links (SMC-Pvt.) Limited | Multan |
| 36 | Galaxy Typing Jobs (SMC-Pvt.) Limited | Islamabad |
| 37 | Get by Ads (Private) Limited | Quetta |
| 38 | Gex Consultants (Private) Limited | Islamabad |
| 39 | Global Ads & Marketing (Pvt.) Limited | Karachi |
| 40 | Global Sky Trade (Pvt.) Limited | Peshawar |
| 41 | Go Big Trade (Private) Limited | Karachi |
| 42 | GoatnSheep (Pvt.) Limited | Multan |
| 43 | Gold Transmit Network Technology (Private) Limited | Karachi |
| 45 | Good Luck Marketing International (SMC-Pvt.) Limited | Multan |
| 46 | Green Apple Super Market (Private) Limited | Karachi |
| 47 | H. A Rajput Traders (Private) Limited | Karachi |
| 48 | Highline Motors (SMC-Private) Limited | Islamabad |
| 49 | Holy Green Trade (Private) Limited | Multan |
| 50 | Horiizon Automobiles (Pvt.) Limited | Islamabad |
| 51 | IDG Enterprises (Pvt.) Limited (Islamic Dubai Group) | Islamabad |
| 52 | Induction and Assessment Initiative (Private) Limited | Islamabad |
| 53 | International Business Solutions (Private) Limited | Islamabad |
| 54 | Kasheer Marketing (Private) Limited Formerly Kasheer Islamic Marketing (Private) Limited | Karachi |
| 55 | KP Testing Agency KPTA (Private) Limited | Peshawar |
| 56 | KW Value Services (Pvt.) Limited | Karachi |
| 57 | La Ville De Paris Housing Scheme Limited | Lahore |
| 58 | Lanyard Consultancy (Private) Limited | Karachi |
| 59 | Lasani Oil Traders (Pvt.) Limited | Lahore |
| S.No. | Name of the Company | City of Registration |
| 61 | Level Pro Traders (Pvt.) Limited | Karachi |
| 62 | M.G Royal Traders (Pvt.) Limited | Lahore |
| 63 | M/s Neamat Ullaha & Amjad Javed and Company (Private) Limited | Multan |
| 64 | Memon Corporation (Pvt.) Limited | Karachi |
| 65 | Memon Merchandise Limited | Karachi |
| 66 | MGI Impex (Pvt.) Limited | Lahore |
| 67 | Montviro (Private) Limited | Islamabad |
| 68 | Mshopping World (SMC-Private) Limited | Lahore |
| 69 | MU Motors (Private) Limited | Faisalabad |
| 70 | Network Trading Global (Private) Limited | Islamabad |
| 71 | New Lassani Chicks and Chicken (Pvt.) Limited | Islamabad |
| 72 | Online Mass Solutions (Private) Limited | Lahore |
| 73 | Oria Solutions (Private) Limited | Islamabad |
| 74 | Orionmaal (Private) Limited | Lahore |
| 75 | OSM Best Work (Private) Limited | Karachi |
| 76 | Pak Memon Impex (Private) Limited | Islamabad |
| 77 | Al-Hassan Javed Real Estate & Developers (SMC-Private) Limited (Alias: Pak Asset Capital Management) | Lahore |
| 78 | Pakistan Edification Services (SMC-Pvt.) Limited | Islamabad |
| 79 | Paradise Alliance (Pvt.) Limited | Karachi |
| 80 | Paradise Merchant Services (Pvt.) Ltd. | Karachi |
| 81 | Perfect Leading Solutions (Pvt.) Limited | Karachi |
| 82 | Royal Group of Companies:
– Best Royal Car Zone (Private) Limited; – Best Royal Petroleum (Pvt.) Limited |
Karachi |
| 83 | S.S. Global Marketing (Private) Limited | Lahore |
| 84 | Sambrosons Enterprises (SMC-Private) Limited | Peshawar |
| 85 | Shaukat Marwat Group of Companies
|
Islamabad |
| 86 | Skywings Soft Tech (Private) Limited | Islamabad |
| 87 |
-Sunshine Livestock Traders (Private) Limited -Explora Livestock Traders (Private) Limited i. Frick Livestock Traders (Private) Limited; and ii. Rebus Livestock Traders (Private) Limited are related to above two companies] |
Lahore |
| 88 | Tianshi International Pakistan Co. (Pvt.) Limited | Islamabad |
| 89 | Topnotch World Technology (SMC-Private) Limited | Faisalabad |
| 90 | Treasure General Trading (Private) Limited | Sukkur |
| 91 | Viewadvertise Marketing (SMC-Private) Limited | Sukkur |
| 92 | VTS (Private) Limited | Islamabad |
| 93 | Wisdom Mining (Pvt.) Limited | Karachi |
Updated on 22 July 2022
| S.No. | Name of the Company | City of Registration |
| 94 | B2B Levels (SMC-Private) Limited | Lahore |
| 95 | Best Step International (Private) Limited | Lahore |
| 96 | BGOL(Private) Limited | Karachi |
| 97 | BMF General Trading (SMC-Private) Limited | Lahore |
| 98 | Bright Dream World (Private) Limited | Islamabad |
| 99 | Digitizer (SMC-Private) Limited | Islamabad |
| 100 | Fincon International (Private) Limited | Karachi |
| 101 | For U Real Traders (Private) Limited | Islamabad |
| 102 | Grow Online Work (SMC-Private) Limited | Karachi |
| 103 | Pakiseed Techno (Private) Limited | Islamabad |
| 104 | Pakistan Poultry Feeds (Pvt.) Limited | Islamabad |
| 105 | Rahat & Son’s (SMC-Private) Limited | Karachi |
| 106 | Rehaaish Marketing (Private) Limited | Lahore |
| 107 | SFS International (Private) Limited | Islamabad |
| 108 | Sunrise Automation (Private) Limited | Islamabad |
| 109 | Superbro Technology (Private) Limited | Lahore |
| 110 | The Heaven International Services (Private) Limited | Islamabad |
| 111 | Wisdom Forward Technology (Private) Limited | Islamabad |
Updated on 07 September 2022
| 112 | AGC Solutions (Private) Limited | Karachi |
| 113 | AR Group of Companies (Private) Limited | Islamabad |
| 114 | Asaan Tijarat Trading (SMC-Private) Limited | Karachi |
| 115 | Blue Ocean IT Solutions (SMC-Private) Limited | Islamabad |
| 116 | Fandao Technology (Private) Limited | Islamabad |
| 117 | Handsome Software Engineering (Private) Limited | Karachi |
| 118 | Le Ciel Marketing (SMC-Private) Limited | Lahore |
| 119 | New Era IT & Marketing (SMC-Private) Limited | Islamabad |
| 120 | OSIS Services (Private) Limited | Lahore |
| 121 | Qureshi Farms (Private) Limited | Islamabad |
| 122 | Rakson Developers (SMC-Private) Limited | Islamabad |
| 123 | RJ Services (SMC-Private) Limited | Islamabad |
| 124 | SGCGROW (SMC-Private) Limited | Karachi |
| 125 | Sichuan Trading (SMC-Private) Limited | Islamabad |
| 126 | Simply Digital (SMC-Private) Limited | Lahore |
| 127 | SNY Oil Traders (Private) Limited | Islamabad |
Updated on 27 October 2022
| 128 | 21st Traders (SMC-Private) Limited | Peshawar |
| 129 | Agri Power (Private) Limited | Karachi |
| 130 | Allied Automobile (SMC-Private) Limited | Lahore |
| 131 | Bego Academy (Private) Limited | Lahore |
| 132 | BSV Commodities (Private) Limited | Karachi |
| 133 | Fiery IT Hub (Private) Limited | Islamabad |
| 134 | I.T.G Traders (Private) Limited | Lahore |
| 135 | Leather Sports Ball Trading (SMC-Private) Limited | Islamabad |
| 136 | Onenet Traders (SMC-Private) Limited | Faisalabad |
| 137 | Profitech Services Limited | Lahore |
| 138 | Quick Soft Technology (Private) Limited | Islamabad |
| 139 | Rock Power BFC (SMC-Private) Limited | Faisalabad |
| 140 | Titlis Tech Network (Private) Limited | Islamabad |
| 141 | Tycoon Traders (Private) Limited | Peshawar |
| 142 | Umar Web House (SMC-Private) Limited | Lahore |
| 143 | WG Compact Services (SMC-Private) Limited | Islamabad |
Updated on 25 May 2023
| 144 | ANT AI Technology (SMC-Private) Limited | Lahore |
| 145 | Future Vision Advertising (Private) Limited | Lahore |
| 146 | Issmmart Group:
i. Ismmart Group of Industries (Private) Limited ii. Ismmart Aisha Foods Industries (Private) Limited iii. Ismmart Cosmetic Industries (Private) Limited iv. Ismmart Energies (Private) Limited v. Ismmart Estates and Builders (Private) Limited vi. Ismmart Garments Industries (Private) Limited vii. Ismmart Hospitality Industries (Private) Limited viii. Ismmart IT and Electronic Industries (Private) Limited ix. Ismmart Motor Industries (Private) Limited x. Ismmart Sports Industries (Private) Limited xi. Ismmart Wajdan Pharmaceutical Industries (Private) Limited xii. Ismmart.Com Ecommerce (Private) Limited |
Lahore |
Updated on 9 June 2023
| 147 | Gateway Gaming (Private) Limited | Lahore |
| 148 | Fast Mobile (Private) Limited | Lahore |
| 149 | Easy Digital Technology (SMC-Private) Limited | Islamabad |
| 150 | Losung Technologies (Private) Limited | Islamabad |
| 151 | Tern Technologies (Private) Limited | Islamabad |
| 152 | Infinity Max Technology (Private) Limited | Islamabad |
| 153 | Infinity Expert Technology (Private) Limited | Islamabad |
| 154 | Connect Digital Technology (Private) Limited | Islamabad |
| 155 | Enables Online (Private) Limited | Islamabad |
| 156 | Stream Online Solution (Private) Limited | Islamabad |
| 157 | Wanli Technology (Private) Limited | Islamabad |
| 158 | Beijixing Technology (Private) Limited | Islamabad |
| 159 | Tuchfuture (SMC-Private) Limited | Karachi |
| 160 | Hui Da Services (Private) Limited | Islamabad |
| 161 | Meilleuretech Services (SMC-Private) Limited | Lahore |
| 162 | Runtoo Technology (SMC-Private) Limited | Islamabad |
| 163 | Golden Mountain Services (Private) Limited | Islamabad |
| 164 | Octa Grow Pit (SMC-Private) Limited | Islamabad |
| 165 | Sunshine World (Private) Limited | Multan |
| 166 | Mentormate It And Marketing (SMC-Private) Limited | Islamabad |
| 167 | Citii Shoes (Private) Limited | Karachi |
| 168 | Fine Future International (Private) Limited | Karachi |
| 169 | Actual Trading (SMC- Private) Limited | Lahore |
Updated on 9 August 2023
| 170 | Anees Ahmed Enterprises (SMC-Private) Limited
[operating with the name of AA Enterprises and Investments/AA Enterprises] |
Karachi |
Updated on 13 February 2024
| 171 | Edge Synergy (Private) Limited | Islamabad |
| 172 | Glade Vista Builders (Private) Limited | Islamabad |
| 173 | Alza Builders & Developers (Private) Limited | Islamabad |
Updated on 25 April 2024
| 174 | Etihad Auto Solutions (Private) Limited | Islamabad |
Additionally, SECP often gets inquiries and complaints about the following companies’ unlawful acts, in addition to the ones already mentioned.
| 1 | Ashfaq Group of Companies
1. AGC Real Estate (SMC-Pvt) Limited 2. AGC Online Mall (SMC-Pvt) Limited 3. Ashfaq International Trade (Pvt) Limited |
Islamabad |
| 2 | Be More Visible (Private) Limited; | Lahore |
| 3 | Canwe Global Tech (Private) Limited | Karachi |
| 4 | Epro24 Solutions (Private) Limited | Karachi |
| 5 | Fine Technology Online (Private) Limited | Karachi |
| 6 | First Vehicle (Pvt.) Limited | Karachi |
| 7 | Global Testing Services (Private) Limited | Islamabad |
| 8 | Greatways Natural (Private) Limited | Lahore |
| 9 | Hope Alliance Trading (SMC-Pvt.) Limited | Karachi |
| 10 | HR Butt & Sons (Private) Limited | Karachi |
| 11 | Jadeitebn advertisement Pvt. Limited; | Faisalabad |
| 12 | Leo Brothers501 (Private) Limited | Karachi |
| 13 | M. N. M. Motorcycle (Pvt.) Limited | Faisalabad |
| 14 | Memon International Management (Pvt.) Limited | Karachi |
| 15 | MM Qureshi International (Pvt.) Limited | Peshawar |
| 16 | My Shopping Mart (Private) Limited | Multan |
| 17 | Radium360 (Private) Limited | Lahore |
| 18 | RG Group of Companies;
|
Peshawar |
| 19 | Speed Bikes (Private) Limited | Multan |
| 20 | WA Fatima Enterprises (SMC-Private) Limited | Karachi |
| 21 | Walton Traders (Private) Limited | Faisalabad |
| 22 | ZG Infomedia (Private) Limited | Islamabad |
Updated on December 17, 2024
| 23 | RAMPERS Group, an incorporated entity, is misusing names of following registered companies for their illegal deposit taking/investment scheme;
1) Relish Products (Private) Limited 2) Alag Garments (Private) Limited 3) Moldavite Cosmetics (Private) Limited 4) Pani lelo (private) Limited 5) Elite Dealer (Private) Limited 6) Sipz Tea (Private) Limited |
Karachi |
