Frauds & Scandals

SEC Obtains Final Judgment Against Perpetrator of Boiler Room Scheme

October 27, 2022/US SEC On October 7, 2022, the United States District Court for the Eastern District of New York entered a final consent judgment against Mark Alan Lisser. The final judgement permanently enjoins Lisser from violating the antifraud provisions of the federal securities. According to the SEC’s complaint, filed […]

SEC Charges Canadian Cannabis Company and Former Senior Executive with Accounting Fraud

October 24, 2022/US SEC The Securities and Exchange Commission today charged Cronos Group Inc., a Nasdaq-listed cannabis company based in Toronto, for improperly accounting for millions of dollars of revenue and for other accounting misconduct in multiple reporting periods. The SEC also charged Cronos’s former Chief Commercial Officer, William Hilson, […]

US Embassy Abuja Issues Security Alert on Elvated Risk of Terror Attacks in Nigeria

October 23, 2022/US Embassy The U.S. Embassy located in Abuja FCT has issued a security alert stating that there is an elevated risk of terror attacks in Nigeria, specifically in Abuja.   The Embassy further stated that targets may include, but are not limited to, government buildings, places of worship, […]