12/4/2018/The New York Times By KATIE BENNER Victims of Bernard L. Madoff, the architect of one of Wall Street’s largest frauds, will receive another $504 million, proceeds from assets that the government seized after Mr. Madoff’s financial firm collapsed a decade ago. With this distribution, the second in a series […]
Frauds & Scandals
SEC Awards Whistleblower More Than $2.1 Million
12/4/2018/US SEC The Securities and Exchange Commission today announced a whistleblower award of more than $2.1 million to a former company insider whose information led to multiple successful enforcement actions. The whistleblower’s information strongly supported the findings in the underlying actions and the whistleblower provided ongoing assistance to the staff […]
Fidelity Bank Issues Update on Recent Allegations
April 11, 2018/Fidelity Bank Plc Our attention has been drawn to spurious allegations against the Bank and its officials, making the rounds online and on social media. The unsubstantiated claims and accusations, designed to mislead the banking and general public are completely false, treacherous and libelous. This latest attempt to […]
