July 10, 2023/SEC Nigeria Officers of the Federal Road Safety Corps have been urged to avoid Ponzi schemes and only invest in entities registered with the regulatory body.The Securities and Exchange Commission gave the advise during an investor enlightenment programme tagged “Investor Safety” for officers of the Federal Road Safety […]
Frauds & Scandals
SEC Charges Former Army Financial Counselor Who Defrauded Gold Star Family Members
July 6, 2023/US SEC The Securities and Exchange Commission today charged former U.S. Army financial counselor Caz L. Craffy for defrauding Gold Star family members and others by engaging in unauthorized trading—including of life insurance and family survivor benefits they received following the death of an active duty service member—and […]
SEC Charges Police Chief, Four Others in Connection with Insider Trading Before Pharmaceutical Merger
July 6, 2023/US SEC On June 29, 2023, the Securities and Exchange Commission filed insider trading charges against five individuals, including a police chief in Dighton, Massachusetts, arising from trading before the announcement of a tender offer by Alexion Pharmaceuticals Inc. to acquire Portola Pharmaceuticals Inc. in May 2020. Four […]
