5/10/2018/US SEC On October 5, 2018, the federal district court in Connecticut entered a final judgment against Katherine Hanratty, a resident of Watertown, Connecticut, to settle allegations that she was engaged in insider trading in the stock of a New Jersey-based payment processing company. According to the SEC’s complaint, filed […]
Frauds & Scandals
SEC Charges Real Estate Developer With Fraud in Project Tied to New Commuter Rail Station
October 5, 2018/US SEC The Securities and Exchange Commission today charged a Virginia real estate developer with skimming investor funds that were intended for use in purchasing an office building near the site of a planned commuter rail station on the Washington Metropolitan Area Transit Authority’s Silver Line. The complaint […]
Naira Abuse: CBN to Try Offenders in Mobile Court
October 5, 2018/Punch Nike Popoola Bankers in the country have expressed their readiness to enforce the law against the abuse of naira notes by setting up mobile courts to punish violators of the currency. They said this during a press briefing after the Bankers’ Committee meeting in Lagos on Thursday. […]
