April 2, 2019/US SEC On March 28, 2019, the Securities and Exchange Commission charged the former controller of a New York-based not-for-profit college with defrauding municipal securities investors by fraudulently concealing the college’s deteriorating finances. According to the SEC’s complaint, in recent years, the College of New Rochelle came under […]
Frauds & Scandals
SEC Shuts Down Fraudulent Investment Advisor Who Was Targeting Members of the Israeli-American Community
April 1, 2019/US SEC The Securities and Exchange Commission announced it had halted an ongoing investment fraud targeting members of the Jewish community, primarily in the Los Angeles, CA region. The SEC filed an emergency action in federal court against Motty Mizrahi and MBIG Company, his sole proprietorship, alleging that, […]
BudgIT to President Buhari: Remove Fuel Subsidy After 13 Years of N10 trillion Wasteful Corruption
April 1, 2019/BudgIT To the detriment of socio-economic developments, Nigeria has spent nothing less than N10 trillion on petrol import subsidy between 2006 and 2018. Let it be known: Nigeria is dancing on the edge of a razor blade by continuing its subsidy regime. According to our recent research “Nigeria’s […]
