5/6/2018/US SEC The Securities and Exchange Commission has charged two former managers of SEC-registered investment adviser deVere USA, Inc. for allegedly making misleading statements and omissions concerning economic conflicts of interest and other issues. The SEC’s complaint, filed in federal district court in Manhattan, alleges that former deVere USA CEO, […]
Frauds & Scandals
SEC Charges “Whale Whisperer” Musician, Companies for Defrauding Investors in Fraudulent “Soundwave” Investment Offerings
June 5, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The US Securities and Exchange Commission (SEC) on Tuesday announced fraud charges against musician Paul Gilman and his companies, alleging that nearly all of the money they raised in securities offerings went to fund Gilman’s lavish personal spending in Las Vegas and […]
ICPC arraigns suspended SEC boss, Gwarzo, today
June 5, 2018/Punch Eniola Akinkuotu, Abuja The Independent Corrupt Practices and other related offences Commission will on Tuesday (today), arraign the suspended Director-General of the Securities and Exchange Commission, Mounir Gwarzo, before a Federal Capital Territory High Court sitting in Maitama. He will be arraigned on three charges bordering on […]
