May 18, 2023/US SEC On May 10, 2023, the U.S. District Court for the Northern District of Illinois entered final judgments against Chicago Crypto Capital LLC (“CCC”), its owner, Brian Amoah, and former salesman Elbert “Al” Elliott, whom the SEC previously charged with violations of the federal securities laws. According […]
Frauds & Scandals
Elixir Dragged to Court for Allegedly Defrauding Toyota Nigeria, others of Over N3b
May 18, 2023/SEC Nigeria Elixir Asset Management Limited, Elixir Investment Partners Limited along with two of their Directors have been dragged before the Federal High Court sitting in Ikoyi, Lagos on allegations of fraud to the tune of over N3b. In a four count charge brought against the companies and […]
SEC Obtains Final Judgments Against New York Investment Adviser and Others for Defrauding Investors in a Multi-Million Dollar Ponzi Scheme
May 17, 2023/US SEC On May 12, 2023, the U.S. District Court for the Eastern District of New York entered a final judgment against New York investment adviser Brian Callahan, Callahan’s brother-in-law Adam Manson, and Manson’s two entities for their role in a Ponzi scheme halted by the SEC’s emergency […]
