August 5, 2022/FirstBank of Nigeria Our attention has been drawn to the news reports online with the conflicting claims that FirstBank branch or/head office has been sealed. Please be informed that the referenced story is a misrepresentation of the facts and misleading. Neither our branch nor head office was sealed. […]
Frauds & Scandals
SEC Warns Against Unregistered Investments Crowdfunding Platforms
August 4, 2022/SEC Nigeria The Securities and Exchange Commission has again warned investors on the activities of unregistered investments crowdfunding platforms. Crowdfunding is the process of raising funds to finance a project or business from the public through an online platform. Crowdfunding portal is a website, portal, intermediary portal, application, […]
SEC Charges Convertible Note Dealer and Its Long Island-Based Owners for Failure to Register
August 2, 2022/US SEC The Securities and Exchange Commission today announced settled charges against a convertible note dealer, Crown Bridge Partners, LLC, and its managing members, Soheil and Sepas Ahdoot of Great Neck, N.Y., for failing to register with the SEC as securities dealers. As part of the settlement, the […]
