Culled—-Proshare June 21, 2018/Zedcrest Capital ***Buhari signs 2018 budget, kicks as lawmakers inject 6,403 projects*** KEY INDICATORS Inflation 11.61% Declined by 0.87% in May from 12.48% in April 2018 MPR 14.00% Left unchanged at 14.00% at the MPC meeting 0n 4 April 2018 External Reserves $47.63billion Rose by 0.42% as […]
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SEC Charges New York Penny Stock Financier with Fraudulent Market Manipulation and Scalping Scheme
June 20, 2018/US SEC On June 18, 2018, the Securities and Exchange Commission charged Joseph A. Fiore, a penny stock financier based in Bronxville, New York, and two companies that he controlled for their respective roles in a fraudulent market manipulation and scalping scheme that generated over $11 million from […]
SEC Shuts Down $102 Million Ponzi Scheme
19/6/2018/US SEC The Securities and Exchange Commission today filed charges and obtained an asset freeze against the individuals and companies behind a $102 million Ponzi scheme that bilked investors throughout the U.S. According to the SEC’s complaint, the defendants defrauded more than 600 investors through sales of securities in issuers […]
