June 4, 2019/US SEC On May 31, 2019, the Securities and Exchange Commission obtained a final judgment against James E. Hocker, a Bellefonte, Pennsylvania insurance agent charged with stealing nearly $1.5 million in a Ponzi scheme targeting retail investors. On June 21, 2018, the Commission filed a complaint in the […]
Frauds & Scandals
SEC Charges Issuer With Conducting $100 Million Unregistered ICO
June 4, 2019/US SEC The Securities and Exchange Commission today sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens. The SEC charges that Kik sold the tokens to U.S. investors without registering their offer and sale as required by the U.S. securities laws. As […]
Oando Frowns at Unofficial Company News Circulating in the Media
June 4, 2019/NSE Our attention has been drawn to an unsigned document circulating online addressed to the Securities and Exchange Commission (SEC) and allegedly from the Chairman of Oando PLC (the ‘Company’ or ‘Oando’). We would like to use this medium to inform the general public that the Company has […]
