Culled—Proshare 24/10/2018/Serious Fraud Office, UK The bosses of Afren schemed with their Nigerian partner Oriental Energy to receive millions in secret payoffs while their company went bust. They were convicted in a UK court today. Sentencing has been scheduled at Southwark Crown Court for Monday 29 October at 10.00am. Today, […]
Frauds & Scandals
The Poverty-Corruption Nexus
24/10/2018/IMF F&D Laura Alonso explains why the battle against corruption must be waged on many fronts David Pedroza LAURA ALONSO was appointed head of Argentina’s anti-corruption office by President Mauricio Macri in 2015 after serving in the Chamber of Deputies and as executive director of the Argentine chapter of Transparency International. […]
Orchestrator of Microcap Fraud Scheme Barred from Penny Stock Offerings and Ordered to Pay $80,000 Penalty
23/10/2018/US SEC The orchestrator of a microcap fraud scheme who defrauded investors by directing the issuance of false press releases about the microcap company’s prospects and hiding his secret control of the company has been barred by a federal court from participating in penny stock offerings and ordered to pay […]
