The Bank of Sierra Leone has raised a red flag on an online entity operating under the name “SUPER ADVERTIS.”
Reports reveal that this entity has been luring individuals into a covert financial scheme, urging them to invest through mobile money platforms and accepting deposits from the unsuspecting public.
The Bank of Sierra Leone, in an official statement, has made it clear that “SUPER ADVERTIS” has not been granted a license to carry out any financial activities. The institution categorically labels the financial activities conducted by “SUPER ADVERTIS” as illegal.
The public is sternly warned by the Bank of Sierra Leone to refrain from engaging in any financial transactions with “SUPER ADVERTIS.”
The bank emphasizes the importance of verifying the Bank of Sierra Leone-issued license, which must be prominently displayed in the premises of any legitimate financial institution authorized by the Bank.
This public notice extends beyond “SUPER ADVERTIS,” cautioning all businesses not licensed by the Bank of Sierra Leone engaging in similar schemes to cease such practices immediately.
The Bank of Sierra Leone underscores that this public notice is crucial in safeguarding the safety and soundness of the financial system in Sierra Leone, aligning with the bank’s legal mandate.
As of January 5, 2024, individuals are urged to exercise vigilance and report any suspicious financial activities to the authorities.