July 2, 2018/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s most innovative banking services provider, has partnered with the Nigeria Electronic Fraud Forum (NEFF) on the prevention of fraud in the Nigerian banking system. MD/CEO of the bank, Mr. Ifie Sekibo said at unveiling of the 2017 NEFF annual report in […]
Frauds & Scandals
SEC Charges Cantor Fitzgerald and Brokers in Commission-Splitting Scheme
29/6/2018/US SEC Washington, D.C., June 29, 2018 – The Securities and Exchange Commission today announced that Cantor Fitzgerald & Co. has agreed to settle charges stemming from an improper commission-splitting scheme in which a former supervisor received off-book payments from traders he managed. The SEC also filed a litigated action […]
SEC Charges Microcap Issuer and Individuals with Unregistered Offers and Sales and Disclosure Fraud
29/6/2018/US SEC On June 8, 2018, the Securities and Exchange Commission filed an amended complaint charging Curative Biosciences, Inc. f/k/a Healthient, Inc. and corporate insiders with fraudulently misrepresenting that the company had issued company shares to third parties in purported compensation for services and in discharge of company debt when, […]
