Culled—Proshare July 16, 2018/Zayyanu Umar Sanda, Financial Consultant In a ruling delivered on July 6th 2018, the LCIA issued an award against Ocean and Oil Development Partners (OODP) BVI (who through their holding company Ocean and Oil Development Partners (OODP) Nigeria Ltd own 55.96 per cent equity in Oando PLC) […]
Frauds & Scandals
SEC Files Charges in Busted Microcap Schemes
July 16, 2018/US SEC The Securities and Exchange Commission has charged a stock promoter and four others involved in an alleged series of microcap fraud schemes that were foiled by FBI undercover work and an SEC trading suspension. According to the SEC’s complaint filed in federal court in southern California […]
SEC Halts Fraudulent Hi-Tech Scam
July 16, 2018/US SEC The Securities and Exchange Commission obtained an emergency asset freeze and a temporary restraining order to halt an ongoing offering fraud carried out by Marianne Veronika Sandor, her husband Edward Michael Porrazzo and their company, Moddha Interactive, Inc. The SEC’s complaint, which was unsealed on July […]
