The Securities and Exchange Commission of Sri Lanka (SEC) has warned the public that an entity trading as Quantum AI Limited is not licensed, registered or authorised by the regulator to conduct securities trading, investment services or any other regulated capital market activity in Sri Lanka.
The SEC “strongly advised” the public not to deposit funds with the entity, invest through it, or engage in any trading or investment activity it offers, Hiru News reported.
The warning was issued through the regulator’s account on X, EconomyNext reported.
Verify before investing
The SEC urged investors to confirm that any entity offering investment services is licensed or registered by the Commission before committing money, and to deal only with SEC-authorised market intermediaries.
EconomyNext reports that officials of Quantum AI Limited were not immediately available for comment on the regulator’s statement.
Part of a wider pattern
The notice is the second regulatory warning in Sri Lanka in a week. EconomyNext notes that the Central Bank warned the public the previous week against investing in plantation companies that it does not regulate, and that the country has increasingly seen unlicensed firms taking deposits and investments while promising high returns.
What the published illustration shows
The illustration Hiru published with its report — not described in either outlet’s text — depicts two documents stamped “FAKE”: a purported SEC “Certificate of Registration in the Financial Services Register” issued in the name of Quantum AI Limited, and a web page styled to resemble a Sri Lankan government site announcing a “Strategic Partnership 2026” between Quantum AI and the Government of Sri Lanka. Neither outlet’s copy says whether these are materials actually in circulation or illustrations prepared by the newsroom, and that distinction is not reported.
Not reported: neither filing says how Quantum AI Limited solicits investors, whether anyone in Sri Lanka has lost money, whether the entity is registered in any jurisdiction, or whether the SEC has referred the matter to the police or the Computer Crimes Division. Neither gives a company registration number, a named officer, or the website or platform through which the offering is made, and neither says whether any enforcement action is planned.
