SEC flags unregistered investment schemes by PWAN/PWAN MAX
- The SEC has warned the public about PWAN and PWAN MAX operating outside regulatory frameworks.
- PWAN/PWAN MAX is not registered to solicit funds or engage in capital raising activities.
- Investigations revealed red flags typical of fraudulent ponzi schemes associated with PWAN.
The SEC's proactive stance against unregulated investment schemes is crucial for safeguarding investors, especially in a market rife with fraudulent activities. However, continuous public education on recognizing such schemes is equally important to empower individuals to make informed decisions.
