November 12, 2024/Dangote Group The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has urged Nigerians to pray for divine intervention in the face of efforts by unscrupulous oil marketers to thwart the operations of the Dangote Petroleum Refinery, following the previous sabotage of Nigeria’s […]
Frauds & Scandals
SEC Charges Invesco Advisers for Making Misleading Statements About Supposed Investment Considerations
November 8, 2024/US SEC The Securities and Exchange Commission today charged Invesco Advisers, Inc. for making misleading statements about the percentage of company-wide assets under management that integrated environmental, social, and governance (ESG) factors in investment decisions. The Atlanta-based registered investment adviser agreed to pay a $17.5 million civil penalty […]
SEC Charges Florida Resident with Operating a $1.6 Million Ponzi Scheme Targeting the Serbian-American Community
October 31, 2024/US SEC Yesterday, the Securities and Exchange Commission (“SEC”) charged Pannon Investment Advisors LLC and its Chief Executive Officer, Dusan Varga, alleging they fraudulently raised approximately $1.6 million from at least 20 investors through an unregistered securities offering. Most of the investors are members of the Serbian-American community, […]
