January 11, 2024/US SEC The Securities and Exchange Commission today charged Shanchun Huang with manipulative trading in the stock of Future FinTech Group Inc., using an offshore account shortly before he became Future FinTech’s CEO in 2020. The SEC also charged Huang with failing to disclose his beneficial ownership of […]
Frauds & Scandals
Zenith Bank Dismisses Report on GMD’s Arrest, Says Onyeagwu on Duty
January 10, 2024/The Genius Media Zenith Bank PLC, one of Nigeria’s leading financial institutions, has dismissed as entirely untrue reports on the purported arrest of its Group Managing Director, Dr. Ebenezer Onyeagwu, in a section of the media. The reports had claimed Dr Onyeagwu was arrested by the EFCC in […]
SEC Charges Global Software Company SAP for FCPA Violations
German multinational agrees to monetary sanctions of nearly $100 million to settle SEC’s bribery charges January 10, 2024/US SEC The Securities and Exchange Commission today announced charges against global software company SAP SE for violations of the Foreign Corrupt Practices Act (FCPA) arising out of bribery schemes in South Africa, […]
