December 22, 2023/US SEC The Securities and Exchange Commission today announced awards of more than $28 million combined to seven individuals whose information and assistance led to a successful SEC enforcement action. The seven whistleblowers were composed of a single claimant and two sets of joint claimants. Each of the […]
Frauds & Scandals
SEC Charges UAE-Based Brooge Energy and Former Executives with Fraud
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, […]
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 […]
