July 16, 2019/SEC The Securities and Exchange Commission has started verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by Dantata Success and Profitable Company. The verification exercise commenced on Monday July 15th and is expected to last till Saturday July 20th, 2019, with 4,160 investors undergoing verification. SEC […]
Frauds & Scandals
SEC Begins Verification of Claims of Unpaid Investors of Dantata Success and Profitable
July 16, 2019/SEC Sequel to the appointment of joint Administrators/Trustees for Dantata Success and Profitable Company by the Securities and Exchange Commission (SEC) pursuant to section 13 and 173 of the Investment and Securities Act, and consequent to an Order Exparte granted by the Federal High Court Kano, notice is hereby given to […]
Nomura to Pay Misled Bond Customers $25 Million to Settle SEC Charges
July 16, 2019/US SEC The Securities and Exchange Commission today instituted two related enforcement actions against Nomura Securities International Inc., which has agreed to repay approximately $25 million to customers for its failure to adequately supervise traders in mortgage-backed securities. The SEC orders find that Nomura bond traders made […]
