March 20, 2019/US SEC The Securities and Exchange Commission today charged a Long Beach, Calif. investment adviser with stealing millions of dollars from investors to perpetrate a Ponzi scheme. The SEC alleges that Carol Ann Pedersen, a former CPA and unregistered investment adviser, raised at least $29 million from 25 […]
Frauds & Scandals
Unitel to Chair the GSMA Association Africa Fraud and Security Group Dedicated to Dealing with Critical Fraud and Security Issues for the Telecommunications Industry in Africa
Unitel competed with MTN (which has 18 operations in Africa) and with Wana Corporate, Morocco March 20, 2019/APO Africa Newsroom Unitel was elected to chair the GSMA Association Africa Fraud and Security Group (AFASG), a specific working group dedicated to dealing with critical fraud and security issues for the telecommunications […]
Court Penalizes Wells Fargo Securities for Disclosure Failures in 38 Studios Bond Offering
March 20, 2019/US SEC A federal court has ordered Wells Fargo Securities to pay more than $800,000 in civil penalties for disclosure failures associated with a municipal bond offering it underwrote to finance startup video game company 38 Studios. The Securities and Exchange Commission charged Wells Fargo in 2016. The […]
