November 28, 2018/US SEC The Securities and Exchange Commission charged four individuals for their roles in a scheme to profit from the manipulation and illegal sale of stock of two publicly traded companies, Environmental Packaging Technologies Holdings, Inc. and CURE Pharmaceutical Holding Corp. According to the SEC’s complaint, Morrie Tobin, […]
Frauds & Scandals
SEC Obtains Final Judgement Against Steven A. Newman
November 27, 2018/US SEC On November 9, 2018, the Honorable Nicholas G. Garaufis of the United States District Court for the Eastern District of New York entered a final judgment against defendant Steven A. Newman. The final judgment imposes on Newman a permanent injunction against future violations of certain antifraud […]
Olowu: CIBN to Name, Shame Bank Directors Involved in Misconduct
26/11/2018/Punch The Chartered Institute of Bankers of Nigeria about five months ago inaugurated Dr. Uche Messiah Olowu, as its President and Chairman. In this interview, he warns that any bank director involved in any form of wrongdoing will face a tribunal that had been set up by the council and […]
