CMA Names 2 Investment Schemes Suspected of Defrauding Kenyans, Issues Directives
Originally published by Hivileo — Read the original article →
The Capital Markets Authority (CMA) has urged Kenyans to stay vigilant against unregulated investment platforms as it investigates Global Investment Group and QVSE for suspected fraud.
In a notice dated Friday, October 16, 2026, the authority said it was seeking public information, particularly cryptocurrency wallet addresses and transaction records linked to suspicious transfers involving the two entities.
“The Capital Markets Authority in collaboration with the Capital Markets Fraud Investigations Unit (CMFIU) is conducting investigations of unregulated entities including Global Investment Group and QVSE,” the notice read.
