Defendant spent more than $100,000 on executive’s travel expenses September 30, 2024/US SEC The Securities and Exchange Commission today announced settled charges against James R. Craigie, a former CEO, Chairman, and board member of Church & Dwight Co. Inc., for violating proxy disclosure rules by standing for election as an […]
Frauds & Scandals
SEC Charges Olayinka Oyebola and His Accounting Firm With Aiding and Abetting Massive Fraud
September 30, 2024/US SEC The Securities and Exchange Commission today charged Olayinka Oyebola and his Public Company Accounting Oversight Board-registered accounting firm, Olayinka Oyebola & Co. (Chartered Accountants), with aiding and abetting a massive securities fraud perpetrated by Mmobuosi Odogwu Banye, also known as Dozy Mmobuosi, and three related U.S. […]
SEC Charges U.K. Citizen in Hacking and Trading Scheme Involving Five U.S. Public Companies
September 27, 2024/US SEC The Securities and Exchange Commission today announced charges against U.K. citizen Robert B. Westbrook for hacking into the computer systems of five U.S. public companies to obtain material nonpublic information about their corporate earnings and using that information to make approximately $3.75 million in illicit profits […]
