August 10, 2021/US SEC The Securities and Exchange Commission today announced charges against Blessing K. Egbon, the former CEO of Milwaukee-area fuel services company Exit 7C, Inc., for fraud and misappropriation of investor funds. According to the SEC’s complaint, between August 2016 and March 2020, Egbon offered and sold $6.47 […]
Frauds & Scandals
NIPC CEO Yewande Sadiku Neither Detained Nor Arrested by EFCC – NIPC
August 10, 2021/Proshare By NIPC The attention of the Management of Nigerian Investment Promotion Commission has been drawn to some media reports that the Executive Secretary/CEO Ms Yewande Sadiku was arrested and detained by Economic and Financial Crimes Commission (EFCC) on Monday 09 August 2021. Management clarifies that Ms Yewande […]
SEC Issues Nearly $6 Million in Whistleblower Awards
August 10, 2021/US SEC The Securities and Exchange Commission today announced awards of nearly $6 million to two whistleblowers who provided information and assistance in separate enforcement proceedings. In the first order, the SEC awarded more than $3.5 million to a whistleblower who reported valuable new information that caused the […]
