Lagos, August 10, 2018: Our attention has been drawn to a social media video featuring an assault on two people at a Fidelity Bank branch in Lagos. The two individuals featured in the video were suspected of ‘shoulder surfing’ to steal customer card details at the ATM. The security personnel […]
Frauds & Scandals
SEC Charges Fixed Income Trader with Entering Fictitious Sales to Avoid Brokerage Firm’s Inventory Limits
August 8, 2018/US SEC On August 6, 2018, the Securities and Exchange Commission charged Salvadore D. Palermo, a trader formerly employed by J.P. Turner & Company, L.L.C., with entering fictitious sales of market-linked certificates of deposit (MLCDs) in order to avoid J.P. Turner’s inventory limitations for the fixed income products. […]
SEC Charges U.S. Congressman and Others With Insider Trading
August 8, 2018/US SEC The Securities and Exchange Commission today announced the filing of insider trading charges against Congressman Christopher Collins, the U.S. Representative for New York’s 27th Congressional District, his son, Cameron Collins, and a third individual, Stephen Zarsky. In a parallel action, the U.S. Attorney’s Office for the […]
