June 21, 2021/SEC Nigeria The Securities and Exchange Commission has dispelled insinuations in some sections of the media that MBA Capital and Trading Ltd is a registered capital market operator with the Commission. This was contained in a statement signed by the Management of the SEC in Abuja Monday. According […]
Frauds & Scandals
SEC Charges Investment Advisers With Cherry-Picking, Obtains Asset Freeze
June 17, 2021/US SEC The Securities and Exchange Commission today announced that it has obtained an asset freeze and other emergency relief, and filed fraud charges, against a Miami-based investment professional and two investment firms for engaging in an alleged “cherry-picking” scheme in which they channeled millions of dollars in […]
SEC Charges Additional Defendants in $30 Million Ico Fraud
June 15, 2021/US SEC The Securities and Exchange Commission charged three additional individuals for their roles in the $30 million initial coin offering (“ICO”) fraud that was spearheaded by convicted criminal Boaz Manor and his associate, Edith Pardo. The SEC previously charged Manor, Pardo, and their companies, CG Blockchain, Inc. […]
