December 14, 2022/US SEC The Securities and Exchange Commission today announced fraud charges against Lawrence Billimek, an employee of a major asset management firm with securities portfolios worth billions of dollars, and Alan Williams, who previously worked at several financial industry firms, for perpetrating a multi-year front-running scheme that generated […]
Frauds & Scandals
SEC Charges Eight Social Media Influencers in $100 Million Stock Manipulation Scheme on Discord and Twitter
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 […]
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 […]
