April 27, 2022/US SEC The Securities and Exchange Commission today charged two Washington state residents and the two companies they operated with defrauding investors in 15 private investment funds from 2007 to 2018. The complaint, filed in the United States District Court for the District of Oregon, alleges that Ross […]
Frauds & Scandals
SEC Charges Archegos and its Founder with Massive Market Manipulation Scheme
Multiple Archegos Executives Charged with Misleading Counterparties April 27, 2022/US SEC The Securities and Exchange Commission today charged Sung Kook (Bill) Hwang, the owner of family office Archegos Capital Management, LP (Archegos), with orchestrating a fraudulent scheme that resulted in billions of dollars in losses. The SEC also charged Archegos’s […]
Jimoh Ibrahim in Trouble over N69.4Billion Debt Owed AMCON
‘…Court Of Appeal Orders Stay Of Contempt Proceedings He Initiated Against AMCON’ April 26, 2022/AMCON The Court of Appeal sitting in Abuja in Appeal No. CA/ABJ/CV/269/2022 in the case between the Asset Management Corporation of Nigeria (AMCON) vs Barrister Jimoh Ibrahim has ruled that all proceedings including the contempt proceedings […]
