December 14, 2022/US SEC The Securities and Exchange Commission today announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks. According to the SEC, since at least January 2020, seven of the defendants […]
Frauds & Scandals
The Address Homes Harps on Professionalism as Lagos Seeks Support to Halt Real Estate Fraud
December 14, 2022/PRM Africa A property development company, The Address Homes, has commended the drive by the Lagos State Government to tackle quackery and fraudulent activities in the real estate sector, describing the just-concluded 3rd Real Estate Market Place Conference and Exhibition as a huge platform created to deepen professionalism […]
SEC Charges Samuel Bankman-Fried with Defrauding Investors in Crypto Asset Trading Platform FTX
Defendant concealed his diversion of FTX customers’ funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors December 13, 2022/US SEC The Securities and Exchange Commission today charged Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX Trading Ltd. (FTX), the crypto […]
