Maxicare Company (Nigeria) Limited is a limited liability company registered in the Federal Republic of Nigeria April 28, 2021/AfDB The African Development Bank Group (www.AfDB.org), on 28 April 2021, announces the 36 month debarment of Maxicare Company (Nigeria) Limited with effect from 23 February 2021. Maxicare Company (Nigeria) Limited is […]
Frauds & Scandals
SEC Charges Previously-Barred Broker with Defrauding Investors in a Pre-Ipo Investment Scheme
April 27, 2021/US SEC The Securities and Exchange Commission charged a previously barred securities broker with fraudulently raising funds from investors purportedly to purchase shares of prominent private companies prior to their initial public offerings (IPOs). The SEC also charged three individuals and an entity as relief defendants. According to […]
SEC Obtains Emergency Relief, Charges Florida Company and CEO with Misappropriating Investor Money and Operating a Ponzi Scheme
April 27, 2021/US SEC The Securities and Exchange Commission announced that it filed an emergency action and obtained a temporary restraining order and an asset freeze to stop an alleged Ponzi scheme and misappropriation of investor proceeds perpetrated by Melbourne, Florida resident Jonathan P. Maroney through several entities he controls. […]
