22/10/2018 *Highlights achievements of FG’s Social Investment Programmes in improving human capital development, financial inclusion nationwide “Perhaps, the greatest challenge through the years has been governance and institutional weaknesses, systemic corruption, integrity and inefficiency in our public service, and the administration of justice system. We have taken a strong stand on corruption, especially grand corruption, but there […]
Frauds & Scandals
SEC Suspends Trading in Company for Making False Cryptocurrency-Related Claims about SEC Regulation and Registration
October 22, 2018/US SEC The Securities and Exchange Commission today suspended trading in the securities of a company amid questions surrounding its statements about partnering with a claimed SEC-qualified custodian for use with cryptocurrency transactions and a purportedly registered public offering of preferred stock. The SEC’s trading suspension order says that two […]
Former State Street Corp. Executive Sentenced to Prison for Defrauding Customers
19/10/2018/US SEC On October 16, 2018, a judge in federal court in Boston, Massachusetts, sentenced Ross McLellan, a former State Street Corp. executive, to 18 months in prison for his role in a scheme to defraud customers of State Street’s Transition Management line of business. McLellan was found guilty of […]
