March 17, 2022/US SEC The Securities and Exchange Commission announced fraud charges against five individuals for allegedly operating a call center in Medellin, Colombia, which used high pressure sales tactics and made false and misleading statements to retail investors to convince them to buy the stocks of small companies trading […]
Frauds & Scandals
SEC Obtains Default Judgment Against Former Registered Representative for Defrauding Retail Investors
March 17, 2022/US SEC On February 28, 2022, the U.S. District Court for the Southern District of Ohio entered a final judgment against Scott Allen Fries, a former Ohio-based registered representative and investment adviser representative at a large, SEC-registered broker-dealer and investment adviser, for defrauding at least ten investors out […]
BudgIT Releases 2022 Budget Analysis Consultative Memo, Slams NASS for Corruption Infractions
—–Calls for Urgent Amendment March 17, 2022/BudgIT BudgIT, a foremost civic-tech organisation leading the advocacy for fiscal transparency and accountability in Nigeria, has called on the National Assembly to eliminate infractions and corruption loopholes in the 2022 Approved Budget. This call was made on Thursday, March 17, 2022, after BudgIT […]
