SMCPL flags fraudulent accounts misusing Arif Habib’s name
MG News | September 15, 2026 at 04:21 PM GMT+05:00
September 15, 2026 (MLN): Safe Mix Concrete Limited (PSX: SMCPL) has cautioned investors against fake and fraudulent accounts and pages created on TikTok, Facebook and other online platforms, along with fraudulent telephone calls being made to clients of Arif Habib Group and members of the public.
These fraudulent activities misuse the name, photograph,
voice and likeness of Arif Habib, Sponsor of the Company and Chairman of Arif
Habib Group, including through AI-generated and/or deepfake video content.
The company said these activities are being carried out for
the purpose of soliciting funds under fake and unauthorized investment schemes.
The Company categorically denied these claims and confirmed
that neither Arif Habib nor the Company, nor any entity of Arif Habib Group,
has launched, endorsed, sponsored, or is in any manner associated with any such
investment scheme, platform, account, page, or telephonic solicitation.
The Company and the Group stated they have no affiliation
whatsoever with the fraudulent content, accounts, callers, or any website or
application promoting such claims.
This is a continuation of a broader pattern of fraudulent
activity in Arif Habib's name, of the kind earlier cautioned against by Arif
Habib Limited vide its Public Notice dated 31st July 2026 filed with the
Exchange.
The Company has placed a public caution notice on its
official website alerting stakeholders. A formal complaint has also been lodged
with the National Cyber Crime Investigation Agency (NCCIA) on 4th September
2026, seeking registration of a case, investigation, and removal/blocking of
the fraudulent content, and the Company is pursuing all available legal
remedies against the person(s) responsible.
Investors and the general public have been strongly advised
to exercise caution and refrain from engaging with, or relying or acting upon,
any such unauthorized content or calls.
Arif Habib Limited is the only authorized entity within the
Group for all investment-related information and services, and all official
announcements and communications are disseminated only through the respective
company's official website and the Pakistan Stock Exchange Limited.
The aforementioned information was disseminated through a notification
to Exchange.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 169,392.33 140.87M | 0.85% 1421.67 |
| ALLSHR | 102,246.77 370.03M | 0.62% 626.89 |
| KSE30 | 50,468.10 50.48M | 0.76% 379.72 |
| KMI30 | 241,108.75 61.37M | 0.48% 1151.64 |
| KMIALLSHR | 66,245.50 219.95M | 0.50% 327.36 |
| BKTi | 46,992.31 14.07M | 0.64% 300.00 |
| OGTi | 34,488.93 4.55M | 0.11% 37.74 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,860.00 | 79,110.00 76,680.00 | -2290.00 -2.89% |
| BRENT CRUDE | 105.98 | 108.43 105.72 | 0.30 0.28% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 2.75 2.16% |
| ROTTERDAM COAL MONTHLY | 138.50 | 138.50 138.50 | -0.80 -0.57% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.37 | 104.21 101.83 | 0.98 0.97% |
| SUGAR #11 WORLD | 18.15 | 18.30 18.04 | -0.01 -0.06% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Auto Numbers