May 7. 2018 We have read reports attributed to “a media office of former President Goodluck Jonathan”. It is clear from the foul language of the authors that the statement could not have come from the former President, but from the motley group of loud and rude characters whose brief seems to be […]
Frauds & Scandals
SEC Charges Two Pennsylvania Residents with Insider Trading
4/5/2018/US SEC The Securities and Exchange Commission today charged two York, Pennsylvania residents with insider trading on confidential information about the impending merger of two potato chip manufacturers. The SEC alleges that David A. Zimliki learned from a close personal friend that potato chip manufacturer Golden Enterprises Inc. was going […]
Broker Charged With Defrauding Investors by SEC Sentenced to More Than Five Years in Prison in Parallel Criminal Case
4/5/2018/US SEC A registered representative in Pennsylvania whom the Securities and Exchange Commission charged with operating a long-running offering and investment advisory fraud has been sentenced in a parallel criminal case to 63 months imprisonment, followed by one year of supervised release, and ordered to pay $886,214.37 in restitution. According […]

