CHY Mall securities fraud warning issued in Ghana
CHY Mall, aka Century Heng Yue Group Limited, has received a securities fraud warning in Ghana.
As per Ghana’s SEC warning dated January 8th;
CHY CENTURY HENG YUE GROUP LIMITED/SAIRUI E-COMMERCE GHANA LIMITED have not been licensed by the Securities and Exchange Commission (SEC) to carry out any Capital Market activity including investing or trading for returns.
This is the equivalent of a securities fraud warning in other jurisdictions.
The SEC has requested anyone in CHY Mall or who has been approached to join contact them.
BehindMLM reviewed CHY Mall early last month. Based on its business model, we concluded CHY Mall was a Ponzi scheme.
Despite all signs pointing to CHY Mall being operated from within Ghana, the company pretends it is of Malaysian origin.
Heading up CHY Mall are ben Chah and Kamal Khan, who are believed to be hired Boris CEO actors.