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 […]
Fraud & Scandals
SEC Obtains Emergency Asset Freeze, Charges Businessman With Operating a Ponzi-Like Scheme
January 14, 2020/US SEC The Securities and Exchange Commission today announced that it filed an emergency enforcement action and obtained a temporary restraining order and asset freeze against Illinois resident Kenneth D. Courtright, III and his company, Todays Growth Consultant Inc., in connection with an alleged Ponzi-like scheme that raised […]
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 […]