2/4/2018/US SEC The Securities and Exchange Commission on April 2, 2018 charged two co-founders of a purported financial services start-up with orchestrating a fraudulent initial coin offering (ICO) that raised more than $32 million from thousands of investors last year. Criminal authorities separately charged and arrested both defendants. The SEC’s complaint […]
Frauds & Scandals
SEC Charges Fintech Company Founder With Scheme to Defraud Investors and Misappropriate Funds
April 2, 2018/US SEC The Securities and Exchange Commission has charged Michael Liberty, the founder of the fintech startup now known as Mozido Inc., with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. Liberty and his accomplices then allegedly stole most of […]
Reno Omokri, Ex- President Jonathan’s Aide Releases List Of ‘APC Looters’
April 2, 2018/Sahara Reporters Reno Omokri, a former aide to ex-President Goodluck Jonathan, has released his own list of alleged ‘looters’ of the Nigerian treasury made up of members of the ruling All Progressives Congress (APC) The list was released to counter similar lists released by the Minister of Information […]
