May 8, 2023/US SEC The Securities and Exchange Commission announced that on May 3, 2023, it filed an emergency action in U.S. District Court for the Western District of Texas (Waco Division), alleging that Roy W. Hill and Eric N. Shelly, through two entities they control, Clean Energy Technology Association, […]
Frauds & Scandals
Unpaid Loans: Court Orders UBA to Take Over Godwin Ogiemwonyi Properties
May 5, 2023/UBA Plc A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc, to take over two properties located in Benin City, Edo State, belonging to Godwin Ogiemwonyi (trading under the names of Ogiemwonyi Godwin Nigeria Enterprises & Festus Martins Nigeria Enterprises)over […]
SEC Issues Largest-Ever Whistleblower Award
May 5, 2023/US SEC The Securities and Exchange Commission today announced the largest-ever award, nearly $279 million, to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions. This is the highest award in the SEC’s whistleblower program’s history, more than doubling the $114 […]
