Fraud & Scandals

SEC Charges Convicted Criminal Who Conducted Fraudulent ICO Using a Fake Identity

January 18, 2020/US SEC The Securities and Exchange Commission today charged convicted criminal Boaz Manor, his business associate, and two businesses, CG Blockchain Inc. and BCT Inc. SEZC, with raising over $30 million from hundreds of investors in a fraudulent initial coin offering (ICO). According to the SEC’s complaint, between […]

Court threatens to jail Emefiele over $53m debt

Culled–The Punch January 14, 2020′ Oladimeji Ramon and Ada Wodu Justice I. E. Ekwo of the Federal High Court in Abuja has summoned the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, over a judgment debt of $53m. A Senior Advocate of Nigeria, Mr Joe Agi, had initiated […]