May 16, 2018/US SEC The Securities and Exchange Commission today announced that investment adviser William Jordan of Orange County, California, has settled charges for perpetrating a multi-million dollar fraud on his clients. The SEC’s complaint alleges that, from 2011 until 2016, as he raised more than $71 million from approximately […]
Frauds & Scandals
Integrity in Development Projects: AfDB Debars Robert Akika Ngong
The Office of Integrity and Anti-Corruption of the Bank found Ngong to have engaged in a fraudulent practice in the context of a consultancy engagement with the institution May 16, 2018/AfDB The African Development Bank Group on 15 May 2018, announced the debarment of Robert Akika Ngong for a minimum […]
SEC Files Charges in International Manipulation Scheme
May 15, 2018/US SEC The Securities and Exchange Commission today charged four individuals for their roles in a fraudulent scheme that generated nearly $34 million from unlawful stock sales and caused significant harm to retail investors. According to the SEC’s complaint, the defendants manipulated the market for and illegally sold […]
