March 1, 2017/Heritage Bank Plc Our attention has been drawn to a malicious and untrue report trending online, titled, “Heritage Bank Should be Shut Down- Company Tells Court, CBN” and about the bank’s financial and liquidity condition that questioned the ability of the bank to honour its obligatory engagements with […]
Frauds & Scandals
SEC Seals Up Seal up Business Premises of YUAN DONG, an illegal Capital Market Operator
25/2/2017/SEC The attention of the Securities and Exchange Commission, Nigeria (SEC) has been drawn to the activities of an Illegal Operator carrying on business under the name of Yuan Dong (YDEC). The Company parades itself as an Investment Company thereby extending invitations to unsuspecting members of the public to subscribe […]
SEC Says Tine God Networks Operation a Ponzi Scheme
20/2/2017/SEC The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator (Tine God Networks Limited). The Company claimed to be an Investment Company that engages in Business Development in Commercial sectors of the economy and also issues bonds to raise […]
