Islamabad, November 21, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has issued a stern warning to the public about unauthorized individuals and groups promoting illegal investment and trading platforms via social media and WhatsApp groups.
According to a SECP press release, these entities are falsely using the names of licensed securities brokers, celebrities, FinFluencers, and brokerage executives to mislead investors.
Fake App “TSLWEA / TSL WEALTH” Under Scrutiny
The SECP has identified a mobile and web application named “TSLWEA / TSL WEALTH” impersonating the licensed broker Topline Securities Limited. A related WhatsApp group, “A103-Topline Stock Strategies Hub”, is also falsely promoting this app and an AI-based trading system as affiliated with Topline Securities.
The regulator emphasized that “TSLWEA / TSL WEALTH” is not licensed or authorized by the SECP to operate any trading or investment platform for the Pakistan Stock Exchange (PSX) or any other regulated market.
Deceptive AI-Generated Ads Target Investors
The SECP has observed AI-generated social media ads featuring images of celebrities, financial influencers, and executives from legitimate brokerage houses. These ads lure the public into WhatsApp groups under the pretense of investing in listed company shares. SECP warns that participation in these groups carries a high risk of financial loss.
SECP Advice for Safe Investing
• Trade only with SECP-licensed brokers for securities and futures.
• Verify any investment platform before providing funds or personal details.
• A list of licensed brokers is available on PSX and PMEX official websites.
The SECP has reported the illegal platforms to Google, the PTA, and law enforcement agencies. The commission strongly cautions the public not to invest through TSLWEA / TSL WEALTH or any unauthorized groups.