Frauds & Scandals

CBS CEO Les Moonves Resigns Amid New Sexual Misconduct Accusations

6 more women come forward with allegations of assault, harassment 9/9/2018/MartketWatch By Mike Murphy, Editor Les Moonves, the longtime chairman and chief executive of CBS Corp. CBS, +2.98%  , resigned Sunday following new sexual misconduct allegations against him from six additional women. In a New Yorker expose published Sunday morning, […]

Court Dismisses BGL Applications as Hearing Commences October 2

September 9, 2018/SEC Chief Magistrate Chinyere Nweoachenu of Wuse Magistrate Court in Abuja has dismissed all applications brought before her by BGL Plc and her subsidiaries objecting to their trial before the court.The Chief Magistrate therefore fixed definite hearing of the case for Wednesday October 2, 2018. In her ruling […]

SEC Charges Microcap Fraudsters for Roles in Lucrative Market Manipulation Schemes

7/9/2018/US SEC The Securities and Exchange Commission today charged a group of ten individuals and ten associated entities for their participation in long-running fraudulent schemes that generated over $27 million from unlawful stock sales and caused significant harm to retail investors who were left holding virtually worthless stock. According to […]