February 16, 2023/US SEC The Securities and Exchange Commission today charged Milan Vinod Patel, of Cumming, Georgia, for spreading more than 100 false rumors about public companies to generate more than $1 million in illicit trading profits. The SEC previously charged Barton Ross, Mark Melnick, Anthony Salandra, and Charles Parrino […]
Frauds & Scandals
Ponzi: Court Sets March 16 for Trial of Vektr Capital & 2 Ot
February 15, 2023/SEC Nigeria Justice Zainab Abubakar of the Federal High Court, Court 4, Abuja has set March 16, 2023 for the commencement of trial of Vektr Capital Global Group along with two staff of the company, Mr. Solomon Edet Solomon and Mr. Zakari Haruna for allegedly operating as fund […]
SEC Charges Former CEO of Slync in $67 Million Offering Fraud
Defendant Kirchner Misappropriated More Than $28 Million of Investor Proceeds to Fund His Lavish Lifestyle February 15, 2023/US SEC The Securities and Exchange Commission today charged Christopher S. Kirchner, the co-founder and former CEO of Slync, Inc., a privately-held Texas-based software company, with fraudulently offering and selling more than $67 […]
