November 22, 2021/US SEC The Securities and Exchange Commission today announced awards totaling approximately $10.4 million to several whistleblowers who provided information and assistance in three separate covered actions. In the first order, the SEC issued awards totaling approximately $7.5 million to two whistleblowers. Both whistleblowers provided new and significant […]
Frauds & Scandals
SEC Charges Individual Who Made Nearly $10 Million Through Market Manipulation Scheme
November 19, 2021/US SEC The Securities and Exchange Commission charged James David O’Brien with carrying out a years-long multi-million dollar market manipulation scheme by making coordinated trades between multiple accounts maintained in his or his wife’s names at different brokerage firms. The SEC’s complaint alleges that O’Brien, 50, of Gibbsboro, […]
Outstanding N4.4trillion Exposure: Kuru Submits List Of Top 1,000 AMCON Debtors To National Assembly
November 19, 2021/AMCON In another deft strategy to intensify its debt recovery drive in the country, the Asset Management Corporation of Nigeria (AMCON) has submitted a list containing its top 1,000 obligors to the National Assembly. AMCON made the exposé to members of the House of Representatives Committee on Banking […]
