August 7, 2024/US SEC The Securities and Exchange Commission charged Taylor Woods and Howard Wu, the co-founders and co-owners of Urban Commons, LLC, with securities fraud involving two schemes to defraud two sets of investors related to investments in and ownership of thirteen hotels in the United States, including the […]
Frauds & Scandals
SEC Obtains Final Judgment Against New York Real Estate Developer for Perpetrating a $229 Million Fraud Against EB-5 Investors
August 6, 2024/US SEC On July 26, 2024, the U.S. District Court for the Eastern District of New York entered a final judgment against Yi (Richard) Xia, his company Fleet New York Metropolitan Regional Center, LLC, and his wife JiQing (Julia) Yue. The SEC had charged Xia and Fleet with perpetrating […]
Dangote Refinery: Civil Socities to Monitor Crude Sales Compliance by NNPCL
…To set up Situation room in Abuja August 5, 2024/Dangote Group A coalition of Civil Society Organizations (CSO) at the weekend said it would set up a situation room to monitor the compliance of the Nigeria National Petroleum Corporation Limited (NNPCL) to the presidential directive to sell crude oil to […]
