November 10, 2020/Dangote Group Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that other companies also got approval to export through the land borders. Nigerian Customs Service has reportedly revealed that BUA Group and a gas company […]
Frauds & Scandals
SEC Charges Three Individuals with Unregistered Brokerage Activity in the Sale of Microcap Securities
November 9, 2020/US SEC The Securities and Exchange Commission charged Hughe Duwayne Graham, Donald Lee Howard, and Larry Louis Matyas, with acting as unregistered brokers in the sale of the securities of microcap issuer US Lighting Group, Inc. According to the SEC’s complaint, from at least October 2017 through at […]
Three Traders Settle Fraud Charges in Edgar Hacking Case
November 5, 2020/US SEC The Securities and Exchange Commission today announced settlements with Sungjin Cho, Ivan Olefir, and Capyield Systems, Ltd., an entity controlled by Olefir, who were charged with trading on nonpublic corporate earnings information hacked from the SEC’s EDGAR system. According to the SEC’s complaint, Cho, Olefir, Capyield, […]
