May 15, 2018/US SEC The U.S. Securities and Exchange Commission (“Commission”) announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EDT on May 15, 2018 and terminating at 11:59 p.m. EDT on May 29, 2018: Grey Fox Holdings Corp. (f/k/a Gray […]
Frauds & Scandals
African Govts Need to Strengthen Institutions to Fight Corruption-Osinbajo
May 14, 2018 *Urges more effective international collaboration at Commonwealth regional conference The cost of corruption, therefore, imposes on all African countries and governments a moral obligation to fight it with vigour and political will, by strengthening all institutions and systems involved in law enforcement, as well as in […]
Broker Representative and Investment Adviser Indicted for Scheme to Defraud Investors
May 14, 2018/US SEC On May 2, 2018, Leon Vaccarelli, a defendant in an ongoing SEC litigation, was indicted on multiple counts of mail fraud, wire fraud, and money laundering in connection with a scheme to defraud investors by representing that he would invest their money in various investment opportunities […]
