By KYIV. Jan 11 (Interfax-Ukraine) – The National Securities and Stock Market Commission has added PowerTrend, Umarkets, ORA SMART, Grand Capital, Pelliron, the OST UP CHUK Business School, the Bitbon system and the Research and Consulting Center WestFitGroup to the list of unreliable investment projects.
"Once again, we remind potential investors of the significant risks associated with investing through persons whose activities in our country are outside the zone of regulation and supervision," the Commission said in a statement.
According to information on the regulator’s website, before the update, the list of dubious investment projects included 137 items.
Earlier, the Commission reported that the signs by which an investment project may be considered suspicious include the lack of appropriate permits and licenses, aggressive marketing, the absence of a physical office, and suspicious biography of employees.
