Ponzi operators, promoters risk jail term, N20 million fine, says SEC

N20 million is not the entire penalty or the entire money that will be charged or…

SEC laments resurgence of Ponzi schemes

The Securities and Exchange Commission (SEC) has frowned at the resurgence of Ponzi schemes and illegal…

Court convicts Ponzi Scheme operator in Kano, orders return of N110m to victims

Justice Lewis Allagoa of the Federal High Court, Kano on March 2, 2021, convicted one Maryam…