December 3, 2025/US SEC On December 3, 2025, the Securities and Exchange Commission obtained final judgment against James R. Collins and Robert F. DiMeo, two former executives of a subprime automobile finance company, whom the SEC previously charged with misleading investors about the subprime automobile loans that backed the company’s […]
Frauds & Scandals
Follow the Money: How Bank Accounts Expose Payroll Fraud
Modern payroll software that provides role-based access is a potent deterrent against payroll fraud because it removes barriers complicating payroll oversight December 4, 2025/Deel Local Payroll Payroll fraud creates considerable losses for South African companies and taxpayers. The Public Servant Association revealed that ghost employees are costing the public purse […]
SEC Vows Intensified Collaboration to Prosecute Ponzi Scheme Perpetrators
November 30, 2025/SEC Nigeria The Securities and Exchange Commission (SEC) has reaffirmed commitment to strengthen inter-agency collaborations to identify and prosecute the promoters of Ponzi schemes in line with the Investments and Securities Act (ISA) 2025.The Divisional Head, Legal and Enforcement, SEC, Mr John Achile, said this at the commission’s […]
