April 26, 2024/US SEC The Securities and Exchange Commission today charged Chicago-area resident Kevin Crotty with insider trading ahead of a February 16, 2023 announcement that BP p.l.c. agreed to acquire TravelCenters of America Inc. This is the second insider trading case the SEC has brought in connection with trading […]
Frauds & Scandals
NDIC Strengthens Its Corruption Fight
April 24, 2024 By Kelechukwu Mgboji InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria Deposit Insurance Corporation (NDIC) has fortified its crusade against corruption through the inauguration of its Anti-Corruption and Transparency Unit (ACTU), underscoring a steadfast commitment to integrity and accountability. The inauguration ceremony officiated by representatives from the Independent Corrupt Practices and […]
SEC Charges Media Company and Its CEO with Defrauding Investors
April 17, 2024/US SEC The Securities and Exchange Commission announced today that it filed charges against Icaro Media Group, Inc. (“Icaro”) and its CEO, Paul H. Feller (“Feller”), for allegedly engaging in a multimillion-dollar offering fraud. According to the SEC’s complaint, from approximately 2017 to 2021, Feller and Icaro, a […]
