December 6, 2021/AMCON The Asset Management Corporation of Nigeria (AMCON) has concluded arrangements to publish the full list of the names of individuals, institutions as well as their Directors on its Non-Performing Loans (NPLs) portfolio in national newspapers. Recall that the Chairman Senate Committee on Banking, Insurance and other Financial […]
Frauds & Scandals
SEC Obtains Final Judgment Against Kirk Sperry and Sperry and Sons Capital Investments, LLC in Offering Fraud
December 3, 2021/US SEC On December 1, 2021, the U.S. District Court for the Western District of Washington entered final judgment as to monetary relief against Washington resident Kirk Sperry and his company, Sperry and Sons Capital Investments, LLC, whom the SEC previously charged with defrauding investors by making false […]
SEC Charges Latvian Citizen with Digital Asset Fraud
December 3, 2021/US SEC The Securities and Exchange Commission charged a Latvian citizen with defrauding hundreds of retail investors out of at least $7 million through two separate fraudulent digital asset securities offerings. According to the complaint, filed in U.S. District Court for the Eastern District of New York, Ivars […]
