SBP, PBA warns double returns schemes to be potential scams

News Image

MG News | January 06, 2026 at 12:25 PM GMT+05:00

0:00

January 06, 2026 (MLN): The State Bank of Pakistan (SBP) and Pakistan Banks' Association (PBA) have issued a comprehensive public awareness message warning citizens about fraudulent investment schemes promising unrealistic double returns.

The initiative aims to protect Pakistani consumers from increasingly sophisticated financial scams.

The joint campaign highlights a critical message for Pakistani investors: schemes promising double returns are highly likely to be scams.

The SBP and PBA emphasize that consumers should never trust any investment scheme without proper verification from authorized financial institutions.

The SBP fraud awareness campaign carries a powerful message in Urdu "Double returns ka waada? Scam hone ka imkaan sab se zyada!" (Promise of double returns? Highest chance of being a scam!).

The campaign emphasizes that while scammers may be cunning, Pakistani citizens are smarter and more vigilant.

Investment scams have proliferated across Pakistan, particularly through digital platforms and social media channels.

The SBP-PBA campaign addresses the urgent need for consumer education in an increasingly digital financial landscape.

Copyright Mettis Link News

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 152,011.26
202.91M
-2.25%
-3500.30
ALLSHR 90,933.96
349.11M
-1.93%
-1787.62
KSE30 45,975.85
87.34M
-2.50%
-1180.47
KMI30 220,290.57
84.33M
-2.27%
-5117.55
KMIALLSHR 59,449.18
202.18M
-1.86%
-1128.08
BKTi 42,093.29
29.70M
-2.76%
-1193.09
OGTi 31,521.03
8.65M
-2.71%
-879.26
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,145.00 67,230.00
67,050.00
-35.00
-0.05%
BRENT CRUDE 109.24 109.74
99.08
8.08
7.99%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00
-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 112.06 113.97
97.50
11.94
11.93%
SUGAR #11 WORLD 14.96 15.50
14.91
-0.33
-2.16%

Chart of the Day


Latest News
April 02, 2026 at 11:29 PM GMT+05:00

Fuel prices skyrocket in Pakistan


April 02, 2026 at 11:18 PM GMT+05:00

Budget to focus on tax reforms, export growth


April 02, 2026 at 10:14 PM GMT+05:00

Govt courts business confidence with reform roadmap


April 02, 2026 at 08:48 PM GMT+05:00

SBP reserves rise $6m to $16.4bn



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg