By YOURI KEMP
Tribune Business Reporter
THE Securities Commission of The Bahamas has issued a warning about an unlicensed “scam” company that it says is part of a “noticeable increase” in the number of such firms seen operating since the onset of the COVID-19 pandemic.
The Securities Commission of the Bahamas (SCB), in notice to the media, said: “It has come to the attention of the Commission that the entity referred to as FX Primary Ltd or FXPrimary LLC, may be conducting activities that are either registrable/licensable or illegal under one or more of the Acts.”
Christina Rolle, executive director of the SCB, told Tribune Business consumers should remain vigilant when dealing with companies online.
She said: “These scammers know that people are hurting for money and when people are hurting for money, they are more susceptible to being drawn in by get rich quick schemes. It seems…