August 10, 2021/SEC Nigeria The Securities and Exchange Commission (“the Commission”) wishes to draw the attention of the general public to the judgement of the Federal High Court siting in Abuja on the 28th day of June 2021, in respect of […]
Frauds & Scandals
SEC Charges Westchester Investment Adviser with Defrauding Members of His Religion
August 9, 2021/US SEC On August 9, 2021, the Securities and Exchange Commission charged Westchester County, New York-based investment adviser Evarist C. Amah with engaging in a years-long scheme to defraud fellow members of his religion, the Grail Movement. The SEC’s complaint alleges that, from April 2016 to July 2019, […]
SEC Charges Four in International Microcap Fraud Schemes
August 9, 2021/US SEC The Securities and Exchange Commission announced charges against Mexican resident Luis Jimenez Carrillo for engaging in deceptive schemes that generated more than $75 million from fraudulent sales of multiple microcap companies’ stock. The SEC also charged Canadian resident Amar Bahadoorsingh and United Kingdom residents Justin Roger […]
