Reps Move To Fix 10-year Jail Term For Ponzi Scheme
The House of Representatives has passed for second reading, a bill seeking to regulate Ponzi and pyramid schemes as well ...
Tag: Ponzi Scheme
Ibukun Adeleke- Solving Early Stage Funding Challenges For Startups
The Nigerian Tech Sector is on fire. Almost Every month we wake up to news of a tech startup raising ...
US To Sell $56m Crypto To Compensate Ponzi Scheme Victims
The U.S. Justice Department said it will sell off some $56 million worth of cryptocurrency it seized from a massive ...
SEC Heightens Crackdown on Ponzi Schemes
The Securities and Exchange Commission (SEC) on Friday vowed to clamp down on illegal capital market operators, especially operators of Ponzi ...
EFCC Nabs Couple for Alleged N0.93bn Ponzi Scheme in Lagos
The Lagos Zonal office of the Economic and Financial Crimes Commission, EFCC, has arrested a couple for allegedly defrauding unsuspecting ...
