November 18, 2024/US SEC On November 15, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Richard Brown for accepting kickbacks in an alleged scheme to defraud investors. The SEC’s complaint, filed in the Eastern District of New York on October 4, 2019, alleged that from approximately […]
Frauds & Scandals
Oil Cabals crippled Govt Refineries, now working against Dangote Refinery – Adeboye
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 […]
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 […]