Author: InvestAdvocate

SEC Charges Justinas Butkus with Orchestrating $4 Million Fraud

Butkus used fraudulent investment firms TBO Capital and Gray Capital to scam investors February 27, 2025/US SEC The Securities and Exchange Commission today filed charges against Justinas Butkus, of Lithuania, and two companies he owned and controlled, HMC Trading LLC and HMC Management LLC, for fraudulently raising approximately $4.1 million […]

Nigerian Equities Trade Bearish -0.1% on Losses in Banking, Industrial Goods Counters

February 27, 2025/Cordros Report EQUITIES The Nigerian equities market traded on a negative note as selloffs in ETI (-9.5%) and WAPCO (-3.2%) drove the All-Share Index lower by 0.1% to 107,675.46 points. Sequentially, the Month-to-Date and Year-to-Date returns moderated to +3.0% and +4.6%, respectively.   The total volume of trades […]