April 8, 2021/SEC Nigeria The attention of the Securities and Exchange Commission (the Commission) has been drawn to the existence of several providers of online investment and trading platforms which purportedly facilitate direct access of the investing public in the Federal Republic of Nigeria to securities of foreign Companies listed […]
Frauds & Scandals
Federal Reserve Board issues enforcement actions with former employee of Farmers Bank and the Missouri Bank
April 8, 2021/US Federal Reserve The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: Consent prohibition against Blake King Former employee of Farmers Bank of Northern Missouri, Unionville, Missouri Misappropriation of customer funds The Missouri Bank, Warrenton, Missouri Flood insurance violations, civil money penalty […]
SEC Obtains Emergency Asset Freeze, Charges Actor with Operating a $690 Million Ponzi Scheme
April 8, 2021/US SEC The Securities and Exchange Commission today announced that it obtained an asset freeze and other emergency relief in an emergency enforcement action against Los Angeles-based actor Zachary Horwitz and his company, 1inMM (“one in a million”) Capital, LLC in connection with an alleged Ponzi scheme that […]
