Global Interjapan (Kenya) Limited engaged in fraudulent practices during a tender for the Bank-financed Small Scale Irrigation and Value Addition Project in Kenya February 16, 2021/AfDB The African Development Bank Group (AfDB.org), on 16 February 2021, announces the 36-month debarment of Global Interjapan (Kenya) Limited with effect from 24 August […]
Frauds & Scandals
SEC Charges California Company and Its CEO with Misleading Investors About Covid-19 Blood Test and Financial Reports
February 11, 2021/US SEC The Securities and Exchange Commission today charged Arrayit Corporation, a Sunnyvale, California company, with making false and misleading statements about the development of a COVID-19 test, and with failing to file required financial reports. The SEC also charged Arrayit’s co-founder and Chief Executive Officer, Rene Schena, […]
SEC Suspends Trading in Inactive Issuer Touted on Social Media
February 11, 2021/US SEC The Securities and Exchange Commission today suspended trading in an inactive company amid questions surrounding online promotion of the company’s securities and recent trading activity. The SEC’s trading suspension order states that since late January 2021, certain social media accounts may be engaged in a coordinated […]
