March 19, 2021/TPT International The Nigeria Bottling Company (NBC) is entwined in a legal tussle over trademark infringement on its Predator energy drink, with a lion symbol, which has the likelihood of confusing consumers of that market segment who are used to the market leader, a product of Rite Foods […]
Frauds & Scandals
SEC Charges California-Based Fraudster With Selling “Insider Tips” on the Dark Web
March 18, 2021/US SEC The Securities and Exchange Commission today charged James Roland Jones of Redondo Beach, California, with perpetrating a fraudulent scheme to sell what he called “insider tips” on the dark web. The dark web allows users to access the internet anonymously and, as such, has often been […]
SEC Charges Co-Founders of San Francisco Biotech Company With $60 Million Fraud
March 18, 2021/US SEC The Securities and Exchange Commission today charged Jessica Richman and Zachary Apte, co-founders of uBiome Inc., a San Francisco-based private medical testing company, with defrauding investors out of $60 million by falsely portraying uBiome as a successful start-up with a proven business model and strong prospects for […]
