November 21, 2023/US Federal Reserve The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Consent prohibition order against Chandlar Groce Former employee of Arvest Bank, Fayetteville, Arkansas Misappropriation of customer funds Additional enforcement actions can be searched for here. Attachment (PDF)
Frauds & Scandals
SEC Charges Kraken for Operating as an Unregistered Securities Exchange, Broker, Dealer, and Clearing Agency
November 20, 2023/US SEC The Securities and Exchange Commission today charged Payward Inc. and Payward Ventures Inc., together known as Kraken, with operating Kraken’s crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC’s complaint, since at least September 2018, Kraken has made […]
National Assembly Pledges Support To AMCON’s Debt Recovery Drive – Eze
November 19, 2023/AMCON The Chairman House of Representatives Committee on Banking and Other Ancillary Institutions, Hon. Eze Nwachukwu Eze has assured that given the current economic challenges facing Nigeria, the 10th National Assembly must work to ensure that the legislative frame work supports the effective functioning of institutions such as […]
