Frauds & Scandals

Google fined a record $5 billion by the EU for Android antitrust violations

Google required to stop ‘illegally tying’ Chrome and search apps to Android 18/7/2018/The Verge By Tom Warren Google has been hit with a record-breaking €4.3 billion ($5 billion) fine by EU regulators for breaking antitrust laws. The European Commission says Google has abused its Android market dominance in three key […]

SEC Charges Investment Adviser and CEO with Misleading Retail Investors

July 18, 2018/US SEC The Securities and Exchange Commission today charged a Connecticut investment advisory firm and its chief executive officer with putting $19 million of investor money, including elderly investors’ retirement savings and pension plans, in risky investments and secretly pocketing hefty commissions from those investments. The SEC’s complaint […]

Avoid Ponzi Schemes -SEC warns Nigerians

July 18, 2018/SEC Nigerians have again been advised to desist from investing their money in investments that offer unreasonable levels of returns at little risk to investors. This was stated by Ag. Director General of the Securities and Exchange Commission (SEC) Ms. Mary Uduk during a Town Hall meeting on Current […]