SBP, PBA warns double returns schemes to be potential scams
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.
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