CMA warns against investments in 15 illegal funds

The Capital Markets Authority (CMA) has warned the public against 15 funds illegally operating in Kenya, including the Global Investment Group (GIG) and Quant Vest Stock Exchange (QVSE). These funds, which have attracted thousands of investors with profit promises, are operating without permits and are currently under investigation. Investors are encouraged to report these entities to the Directorate of Criminal Investigations offices.