24/9/2018/US SEC The Securities and Exchange Commission today announced charges against a stock trader, Adam Rentzer, for illegally paying undisclosed cash kickbacks to his broker in exchange for receiving preferential access to lucrative IPOs, allowing Rentzer to reap greater profits in secondary market trading. The SEC alleges that Rentzer and […]
Frauds & Scandals
SEC Awards Almost $4 Million to Overseas Whistleblower
September 24, 2018/US SEC The Securities and Exchange Commission today announced that it has awarded nearly $4 million to an overseas whistleblower whose tip led it to open an investigation and whose extensive assistance helped it bring a successful enforcement action. “Whistleblowers, whether they are located in the U.S. or […]
Despotic Djibouti a Dragnet to Horn of Africa Development
September 24, 2018/CAJ News From Said Aboubaker in Djibouti, Djibouti Despite its immense economic potential, owing to its strategic location, Djibouti risks becoming an island of poverty in a sea of wealth as investors make the most of a conducive atmosphere promoted by respective governments in the Horn of Africa […]
