March 27, 2023/US SEC On March 23, 2023, the Securities and Exchange Commission charged Aaron Cain McKnight with orchestrating three separate fraudulent investment schemes through which he allegedly stole more than $8.4 million from at least 28 investors. The SEC also charged a lawyer, his law firm, a promoter, and […]
Frauds & Scandals
Young people Urged to Avoid Ponzi Schemes
March 27, 2023/SEC Nigeria As the campaign to create awareness among the youths and young people and further attract them to the capital market gathers momentum, Young Nigerians have been urged to ensure they invest with entities that are registered by the Securities and Exchange Commission. Director, Market Development Department […]
SEC Charges Crypto Entrepreneur Justin Sun and His Companies for Fraud and Other Securities Law Violations
Eight Celebrities Also Charged for IIIegal Touting of Sun’s Crypto Asset Securities March 24, 2023/US SEC The Securities and Exchange Commission today announced charges against crypto asset entrepreneur Justin Sun and three of his wholly-owned companies, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. (formerly BitTorrent), for the unregistered […]
