SBP, PBA warns double returns schemes to be potential scams

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

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

 

 

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