October 9, 2020/CBN The attention of the Central Bank of Nigeria (CBN) has again been drawn to fraudulent messages and videos in social media circles requesting unsuspecting loan seekers and owners of small-scale businesses to apply for loans or investment schemes purportedly facilitated by the Bank. While the CBN, indeed, […]
Frauds & Scandals
SEC Charges Seismic Data Company, Former Executives with $100 Million Accounting Fraud
October 9, 2020/US SEC On October 8, 2020, the Securities and Exchange Commission charged Houston-based seismic data company, SAExploration Holdings Inc. (SAE), and four former executives for a multi-year accounting fraud that falsely inflated the company’s revenue by approximately $100 million and concealed the theft of millions of dollars by […]
SEC Charges Seismic Data Company, Former Executives with $100 Million Accounting Fraud
October 9, 2020/US SEC On October 8, 2020, the Securities and Exchange Commission charged Houston-based seismic data company, SAExploration Holdings Inc. (SAE), and four former executives for a multi-year accounting fraud that falsely inflated the company’s revenue by approximately $100 million and concealed the theft of millions of dollars by […]
