July 17, 2018/US SEC The Securities and Exchange Commission today announced that New York-based broker-dealer BGC Financial has agreed to pay a $1.25 million penalty to settle charges that it failed to preserve audio files sought by the SEC and inaccurately recorded travel, entertainment, and other expenses. The SEC’s order […]
Frauds & Scandals
SEC Obtains Final Judgments Against Defendants in Ticket Investment Scheme
July 17, 2018/US SEC On July 13, 2018, a federal court in New York City entered final judgments against a Manhattan man and three of his companies in connection with a multi-million dollar Ponzi scheme involving purported resales of tickets to popular concerts and Broadway shows. Matthew Harriton, one of […]
Oando Refutes Media Report on London Court of Arbitration Order to Pay Ansbury Inc. $680million
July 16, 2018/Oando Plc Our attention has been drawn to reports in print and digital news media purporting that the International London Court of Arbitration has ordered Oando PLC or Wale Tinubu to pay $680 million to Gabriel Volpi, following an investment dispute between Whitmore Asset Management Limited, jointly owned […]
