Frauds & Scandals

Silence before the Storm: Russian Speaking Hacking Group is Attacking Banks in Sub-Saharan Africa

January 13, 2020/Kaspersky Kaspersky (www.Kaspersky.co.za) security researchers have reported on thousands of notifications of attacks on major banks located in the sub-Saharan Africa (SSA) region. The malware used in the attacks indicates that the threat actors are most likely to be an infamous Silence hacking group, previously known to be […]

Collection of Radio License by The MVAA on Behalf of LGs is Illegal and Unconstitutional

Culled—Proshare January 10, 2020 by Nnoli Lawrence & Associates Lawrence C. Nnoli Versus Lagos State Government and 3 others (SUIT NO: ID/3819GCM/17) Judgment A certified true copy of the judgment of the high court obtained today and signed by the judge showed that judgment was given in the above mentioned […]

SEC Charges Private Investment Firm with Fraudulently Misleading Investors

January 8, 2020/US SEC The Securities and Exchange Commission charged MA-based private investment firm ARO Equity, LLC, and its principals, Thomas D. Renison and Timothy J. Allcott, with fraud. As alleged, the defendants made false statements to current and prospective retail investors about ARO Equity’s performance and used investor funds […]