October 5, 2022/Dangote Group No fewer than seven staff of Dangote Cement, Obajana in Kogi state were shot and several others injured as over 500 armed members of the state’s security outfit, the Vigilantes, stormed the cement factory in the early hours of today (Wednesday) at the instance of the […]
Frauds & Scandals
SEC Charges Southern California Firm with Operating a Ponzi-Type Scheme
October 4, 2022/US SEC The Securities and Exchange Commission filed fraud charges against JMJ Capital Group and its president and chief executive officer, Richard Lee Ramirez, with fraudulently raising millions of dollars from investors in Southern California. The SEC’s complaint alleges that from at least 2019 through 2021, defendants told […]
SEC Halts Crypto Asset-Related Fraud Victimizing Latino Investors
October 3, 2022/US SEC On September 19, 2022, the Securities and Exchange Commission filed an emergency action to stop an on-going fraudulent and unregistered crypto asset offering targeting Latino investors, run by defendants Mauricio Chavez and Giorgio Benvenuto through a company Chavez founded and controlled, CryptoFX, LLC. At the SEC’s […]
