Frauds & Scandals

Security Guard to Company Board Member Settles Insider Trading Charges

18/5/2018/US SEC On May 1, 2018, a federal district court entered a consent judgment against Kingston, Pennsylvania resident Todd David Alpert, for insider trading. According to the SEC’s complaint, Alpert, who worked as a security guard at the home of an H.J. Heinz Company board member, misappropriated material nonpublic information […]

SEC Charges Brent Borland with Misappropriating Investor Assets

18/5/2018/US SEC On May 16, 2018, the Securities and Exchange Commission charged Brent Borland and two of his companies with misappropriating close to $6 million in investor funds intended to finance an international airport in Belize. The SEC’s complaint alleges that between 2014 and 2017, Brent Borland sold more than […]

Unpaid Debt: AMCON Takes Over Senator Stella Oduah’s Assets

May 18, 2018/AMCON Hon. Justice M.S. Hassan of the Federal High Court Lagos Division has granted an injunction against Sea Petroleum Oil & Gas Limited, whose chief promoter is former Minister of Aviation, Senator Princess Stella Oduah-Ogiemwonyi on the application of Asset Management Corporation of Nigeria (AMCON).   Princess Oduah-Ogiemwonyi, […]