Jordan Securities Commission Warns Against Risks of Dealing with Unlicensed Companies Luring Investors with Unrealistic Returns

Jordan Securities Commission JSC has warned investors against the risks of dealing with unlicensed companies luring them with fake promises of unrealistic returns, whether in unlicensed Foreign Stock Exchanges or unlicensed Virtual Assets Platforms, through social media or misleading advertisements.

The JSC urged investors to verify in advance such companies through its electronic website: https://www.jsc.gov.jo or directly contact: (065607171). The JSC also encourages reporting any fraudulent or suspicious investment activities or offers by contacting the Public Security Directorate / Combating Cybercrime Unit at (911).

The JSC stresses the importance of verifying the licensing status of any company prior to investing or transferring funds, and of not being misled by prompt promises or guaranteed returns. Dealing with unlicensed companies exposes investors to high risks, mainly loss of funds, exposure to fraud and absence of any legal or supervisory protection.

The Commission shall be committed to protect investors and take necessary legal measures against violating entities.