March 14, 2023/US SEC On March 14, the Securities and Exchange Commission charged John David Gessin and two of his businesses, Equifunds, Inc. and Ice Fleet LLC, with defrauding investors and misappropriating investor funds. According to the SEC’s complaint, filed in the United States District Court for the Central District […]
Frauds & Scandals
EMEFIELE DEBUNKS FAKE NEWS Titled: “Emefiele launches fresh plot against President-elect Tinubu”
Image Credit: CBN March 13, 2023/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to a story published in The Nation newspaper of Monday, March 13, 2023 edition, alleging that the Governor, Mr. Godwin Emefiele has launched a “fresh plot against President-elect”. The aforementioned story went […]
SEC Obtains Judgment Against Individual in Multi-Million Dollar Securities Offering Fraud
March 13, 2023/US SEC On March 9, 2023, the United States District Court for the District of Massachusetts entered a final judgment against Joshua Dax Cabrera ordering him to pay approximately $1,126,000 in disgorgement, prejudgment interest, and penalties in a securities offering fraud previously filed by the SEC in August […]
