January 5, 2021/Parrot Nigeria …Legal expert says bank can take action against peddlers The Bank Customers Association of Nigeria (BCAN) late Sunday detested in unequivocal terms the attempt by some social media commentators and publishers to disparage the image of the First City Monument Bank (FCMB) in the face of […]
Frauds & Scandals
SEC Charges Equialt Managing Director of Investments for Unlawful Sales of Securities to Elderly Retail Investors
December 31, 2020/US SEC The Securities and Exchange Commission today announced charges against DeAndre P. Sears and MASears LLC d/b/a Picasso Group, an entity he controlled and operated, with registration violations for unlawfully selling securities of Florida-based real estate firm EquiAlt LLC to retail investors. The SEC previously filed an enforcement […]
SEC Charges Individuals with Fraud for Misappropriating Investor Funds
December 31, 2020/US SEC The Securities and Exchange Commission charged William “Bill” Bowser, Christopher Ashby, Scott Beynon, and Jordan Nelson with securities fraud for misappropriating investor funds meant for the development and construction of new event centers. The SEC’s complaint alleges that from approximately January 2017 to February 2019, Ashby, […]
