November 10, 2021/US SEC The Securities and Exchange Commission today charged Puneet Dikshit, a partner at a global management consulting firm, with illegally trading in advance of a corporate acquisition by one of the firm’s clients in September. The SEC’s complaint, filed in federal district court in Manhattan, alleges that […]
Frauds & Scandals
BudgIT Urges NBS to Publish FAAC Disbursements from March – August 2021
November 10, 2021/BudgIT BudgIT Foundation, a foremost civic-tech organisation, leading the advocacy for fiscal transparency and accountability in Nigeria and three other African countries, has called on the National Bureau of Statistics (NBS) to publish data on FAAC disbursements in Nigeria between March-August 2021 on the bureau’s official website. This […]
SEC Brings Charges in Manipulative Free-Trading Penny Stock Scheme
November 9, 2021/US SEC The Securities and Exchange Commission today charged four individuals and their companies, including a securities fraud recidivist, with scheming to issue free-trading shares of two penny stock companies through the use of bogus documents in court proceedings and backdated promissory notes. The SEC’s complaint names as […]
