The Bureau expresses its utmost trust and confidence in the Panel’s ability to successfully carry out this important assignment July 2, 2020/AfDB The Bureau recalls its Communiqué issued on June 4th 2020 informing the general public of its decision to authorize an Independent Review of the Report of the Ethics […]
Frauds & Scandals
SEC Obtains Judgment Ordering Connecticut Investment Adviser and Its Former CEO to Pay Over $2 Million
July 1, 2020/US SEC The Securities and Exchange Commission announced today the entry of final judgments against Connecticut investment advisory firm Temenos Advisory, Inc. and its former chief executive officer, George Taylor. The SEC charged Temenos and Taylor in July 2018 with putting $19 million of investor money, including elderly […]
Former CEO of Navistar International Corporation Barred from Serving in Senior Positions in Public Companies
June 29, 2020/US SEC The Securities and Exchange Commission today announced that a court has barred the former CEO of Illinois-based Navistar International Corporation, Daniel C. Ustian, from serving as an officer or director of publicly-traded companies. The SEC charged Ustian, of Naperville, Illinois, and Navistar in 2016 with misleading […]
