March 24, 2020/US SEC The Securities and Exchange Commission today announced awards totaling over $570,000 to two whistleblowers who provided significant information and assistance that helped the Commission bring multiple successful enforcement actions. The first whistleblower received an award of approximately $478,000 and the second whistleblower received an award of […]
Frauds & Scandals
AfDB Debars Beulah Universal Link Resources Limited And Bluestream Systems And Device Limited For Fraudulent Practices
While participating in a tender for construction and rehabilitation of water reservoirs contracts, the companies misrepresented their qualifications for the contracts March 17, 2020/AfDB The African Development Bank Group (https://www.AfDB.org/) on 17 March 2020, announces the debarment of Beulah Universal Link Resources Limited for 36 months and Bluestream Systems and […]
SEC Further Amends Its Complaint in Massive Market Manipulation Case to Add New Claims Against Defendant Robert Ladd
March 16, 2020/US SEC On March 16th, the Securities and Exchange Commission filed a second amended complaint in an ongoing civil action in which it alleges that numerous individuals and associated entities participated in microcap schemes that generated over $27 million from unlawful stock sales. The amended complaint includes additional […]
