November 30, 2025/SEC Nigeria The Securities and Exchange Commission (SEC) has reaffirmed commitment to strengthen inter-agency collaborations to identify and prosecute the promoters of Ponzi schemes in line with the Investments and Securities Act (ISA) 2025.The Divisional Head, Legal and Enforcement, SEC, Mr John Achile, said this at the commission’s […]
Frauds & Scandals
Catholic Bishop Warns FG Against Treating Bandits with Kid Gloves
…says Nigeria is descending into chaos …Bemoans abduction of Kebbi girls November 22, 2025/Our Reporter The Catholic Archbishop of Lagos, Most Rev. Dr. Alfred Adewale Martins has called for more urgent official measures to curb the alarming rate of insecurity across the country. He said the festering terrorists’ attacks in […]
SEC Charges Startup Founder with Fraud
November 21, 2025/US SEC The Securities and Exchange Commission announced today that it filed charges against Shiloh Luckey (formerly Shiloh Johnson), the founder and CEO of technology startup, ComplYant App, Inc., for allegedly fraudulently raising more than $13 million, mostly from venture capital investors, between 2020 and 2023. The SEC’s […]
