December 22, 2023/US SEC The Securities and Exchange Commission today announced fraud charges against Brooge Energy Limited, a publicly-traded energy company located in the United Arab Emirates, the company’s former CEO, Nicolaas Lammert Paardenkooper, and its former Chief Strategy Officer and Interim CEO, Lina Saheb. According to the SEC order, […]
Frauds & Scandals
SEC Seals Up Ready Finance Investors Ltd
December 20, 2023/US SEC The Securities and Exchange Commission (the Commission) on Tuesday December 12, 2023 sealed up Ready Finance Investors Limited for engaging in illegal capital market activities. The activities of unregistered operators violate the established laws and regulations governing the Nigeria capital market and pose a significant threat […]
SEC Charges Tingo Mobile Founder, Three Companies with Massive Fraud and Seeks Emergency Relief
December 18, 2023/US SEC The Securities and Exchange Commission today announced charges against Mmobuosi Odogwu Banye a/k/a Dozy Mmobuosi and three affiliated U.S.-based entities of which he is the CEO–Tingo Group Inc., Agri-Fintech Holdings Inc., and Tingo International Holdings Inc.–in connection with an alleged multi-year scheme to inflate the financial […]
