September 23, 2021/US SEC The Securities and Exchange Commission today announced charges against Sergei Polevikov, who worked as a quantitative analyst at two prominent asset management firms, for perpetrating a years-long front-running scheme that generated illicit profits of at least $8.5 million. According to the SEC’s complaint, filed in the […]
Frauds & Scandals
SEC Charges School District and Former Executive with Misleading Investors in Bond Offering
September 22, 2021/US SEC The Securities and Exchange Commission today charged a San Diego County school district, Sweetwater Union High School District, and its former Chief Financial Officer, Karen Michel, with misleading investors who purchased $28 million in municipal bonds. According to the SEC’s complaint against Michel and its order against […]
AMCON Takes Over Former Kwara State Governor’s Mansion Over ₦5Billion Debt
September 22, 2021/AMCON Following the order of Hon. Justice A.M. Liman of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) on Wednesday September 22, 2021, in Ilorin, the Kwara State capital took over the palatial mansion of Alhaji Abdulfatah Ahmed, the former two-time governor of Kwara […]
