March 15, 2022/US SEC The Securities and Exchange Commission announced today the entry of final consent judgments on March 14, 2022 against fund manager Eric C. Malley and his company, MG Capital Management L.P., who, along with two related entities Malley controlled, have agreed to pay over $12 million to […]
Frauds & Scandals
SEC Seals Oxford International Group, two others for alleged Illegal Activities
March 14, 2022/SEC Nigeria The Securities and Exchange Commission (SEC), has sealed the premises of Oxford International Group/Oxford Commercial Services, Farmforte Agro Allied Solutions Limited/Agro Partnerships as well as Vektr Capital Investment/Vektr Enterprise for illegally engaging in capital market activities. The SEC said the offices of the companies in Lagos, […]
SEC Awards Approximately $14 Million to Whistleblower
March 11, 2022/US SEC The Securities and Exchange Commission today announced an award of about $14 million to a whistleblower who published an online report exposing an ongoing fraud. The whistleblower, who days later shared the same information with the SEC and was persistent in reaching out to the staff, […]
