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, […]
Frauds & Scandals
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, […]
SEC Obtains Final Judgment Against Operator of Fraudulent Digital Asset Trading Fund
March 9, 2022/US SEC On March 2, 2022, the United States District Court for the Southern District of New York entered final judgment against Defendant Stefan H. Qin, which concluded the SEC’s case against Qin, the founder and operator of Virgil Sigma Fund LP, a fraudulent investment fund Qin formed […]
