August 17, 2022/US SEC The Securities and Exchange Commission charged Eagle Bancorp, Inc., based in Bethesda, Maryland, and its former Chief Executive Officer and Chairman of the Board, Ronald D. Paul, with negligently making false and misleading statements about related party loans extended by the bank to Paul’s family trusts. […]
Frauds & Scandals
SEC Sues Three Entities and Their Founder for Unregistered Crypto Asset Securities Offerings
August 16, 2022/US SEC The Securities and Exchange Commission charged John Joseph Roets and three entities he controls, Dragonchain Inc. (“Dragonchain”), Dragonchain Foundation (the “Foundation”), and The Dragon Company (“TDC”), for their roles in raising $16.5 million in unregistered crypto asset securities offerings. The SEC alleges that in 2017, Roets, […]
BudgIT Reiterates Findings from Salary, Pension Survey, Refutes Claims Survey Done in Bad Faith
August 16, 2022/BudgIT Following the release of the recently concluded salary and pension survey in all the 36 states in Nigeria, we have received mixed reactions from state governments concerning issues raised, including outright denials and rebuttals that the salary and pension survey is biased and misleading. We affirm that […]
