June 7, 2021/US SEC The Securities and Exchange Commission today charged a New York-based couple with insider trading in the stock of the pharmaceutical company where one of them worked as a clinical trial project manager. The defendants have agreed to pay more than $325,000 to settle the charges. According to […]
Frauds & Scandals
FGN Suspends Twitter Operations in Nigeria
June 4, 2021/Federal Ministry of Information The Federal Government has suspended, indefinitely, the operations of the microblogging and social networking service, Twitter, in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed, announced the suspension in a statement issued in Abuja on Friday, citing the persistent use of the […]
SEC Charges Ohio and Pennsylvania Residents with Offering Fraud and Misappropriating Funds
June 2, 2021/US SEC The Securities and Exchange Commission charged Kevin T. Carney, of Chagrin Falls, OH, Jonathan D. Freeze, of Pittsburgh, PA, and Robert J. Irey, of Pittsburgh, PA with defrauding investors and misappropriating investor funds in connection with a purported waste-to-energy business venture. The SEC’s complaint alleges that […]
