October 22, 2020/US SEC The Securities and Exchange Commission today announced charges against The Goldman Sachs Group Inc. for violations of the Foreign Corrupt Practices Act (FCPA) in connection with the 1Malaysia Development Berhad (1MDB) bribe scheme, and as part of coordinated resolutions, it has agreed to pay more than […]
Frauds & Scandals
SEC Awards $800,000 to Whistleblower
October 15, 2020/US SEC The Securities and Exchange Commission today announced an award of more than $800,000 to a whistleblower whose information caused the staff to open an investigation that led to two successful SEC enforcement actions. “The whistleblower provided the Commission with a detailed analysis that alerted staff to […]
FG Arraigns Promoters of Dantata Success over N2bn Fraud
October 14, 2020/SEC Nigeria The Federal Government has arraigned Dantata Success and Profitable Company and their promoters before the Federal High Court in Abuja for investment fraud amounting to over N2billion.Those charged along with the company are Basira Ibrahim Dantata, Lawan Sanni and Gaji Ibrahim Dantata.The defendants who were arraigned […]
