Economic chancing of the CBEX kind is not purely native to Nigeria. In August 1920, after…
Tag: Ponzi
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…