December 18, 2020/SEC Nigeria The attention of the Securities and Exchange Commission (the Commission) has been drawn to the illegal fund management operation conducted by FAMZHI INTERBIZ LIMITED. The Commission wishes to inform the public that FAMZHI INTERBIZ LIMITED is not registered to operate in the Nigerian Capital Market. The […]
Frauds & Scandals
SEC Issues Multiple Whistleblower Awards Totaling Over $3.6 Million
December 18, 2020/US SEC The Securities and Exchange Commission today announced whistleblower awards in connection with three separate enforcement actions totaling over $3.6 million. In the first order, the SEC awarded a whistleblower over $1.8 million for providing significant information about a fraudulent scheme. The whistleblower took immediate steps to […]
SEC Charges Biotech Company and CEO With Fraud Concerning COVID-19 Blood Testing Device
December 18, 2020/US SEC The Securities and Exchange Commission today announced charges against California-based biotechnology company Decision Diagnostics Corp. and its CEO, Keith Berman, with making false and misleading claims in numerous press releases that the company had developed a working, break-through technology that could accurately detect Covid-19 through a […]
