March 14, 2025/US SEC On March 13, 2025, the Securities and Exchange Commission charged Tewksbury, Massachusetts resident Jonathan Webb for defrauding investors in a securities offering that included low-income cemetery employees. Webb has agreed to settle the case and to pay almost $400,000 in monetary relief. According to the SEC’s […]
Frauds & Scandals
Allegations of Fraud Unfounded and False
March 14, 2025/FirstBank of Nigeria We have been made aware of a recent publication by Thisday Newspaper, Arise Television and a video circulating, regarding a court case filed by a customer, Dr. Agbai Eke, against FirstBank. We can affirm that the allegations of fraud in the Bank as alluded to […]
SEC Charges Foreign Traders in International Insider Trading Scheme
March 14, 2025/US SEC On March 4, 2025, the Securities and Exchange Commission filed charges against German national, Eamma Safi, and Singaporean national, Zhi “Josh” Ge, for their alleged involvement in an international insider trading scheme that generated millions of dollars in illicit profits from trading in advance of market-moving […]
