Frauds & Scandals

Dangote Accuses IOCs of Plotting for Its Oil Refinery to Fail

… laments as Regulator (NMDPRA) continues to grant licences to import banned dirty diesel, jet fuel June 23, 2024/Dangote Group Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil […]

Don’t Fall for It: How to Spot Social Media Job Scams a Mile Away

As social media becomes more intertwined with our daily routines, sly cybercriminals are using it to trick people with fake job offers; What are these social-media recruitment scams, and how can you spot the red flags? June 18, 2024/KnwoBe4 South Africa, June 18, 2024/ — With over 32% of South […]

SEC Charges Texas Resident with Submitting Bogus Offer to Invest $200 million in Virgin Orbit

June 17, 2024/US SEC The Securities and Exchange Commission today charged Dallas-Fort Worth resident Matthew Brown and his company, Matthew Brown Companies, LLC, for engaging in a fraudulent scheme to submit and publicly tout a bogus offer to invest $200 million in Virgin Orbit Holdings, Inc. (“Virgin Orbit”), formerly a […]