Supposed Involvement in an Unauthorized Short-Selling Scheme Cormark Securities, a renowned Canadian investment bank, was accused of participating in an “illegal” short-selling scheme in a statement made by the Ontario…
Introduction In the year 2022, the trial of Hugo Colomba was a highly contentious and extensively publicized legal proceeding that took place in a courtroom somewhere in the world. Hugo…
Introduction The United States Securities and Exchange Commission (SEC) filed charges against a Canadian company in March 2023, alleging that the company failed to deliver securities that were sold short….
On February 27, 2023, the Financial Crimes Enforcement Network (FinCEN) in conjunction with the United States Postal Service (USPS) issued a press release and alert concerning the “national surge in…
A group of five Democratic Senators have sent a letter to the Federal Reserve, OCC, FDIC, and NCUA asking them to take several steps to protect consumers from scams when using Zelle…
Cape Town — ANC Secretary-General, Fikile Mbalula, has confirmed the party has served former Eskom CEO, Andre De Ruyter with court papers, following his accusations that some high level party…
Tonse Alliance government main partner, the Malawi Congress Party (MCP), has challenged its former National Publicity Secretary Reverend Maurice Munthali to provide evidence of corruption he alleged to be the…
NSSA acting chief executive Charles Shava, who was arrested by the Zimbabwe Anti-Corruption Commission (ZACC) yesterday for fraud involving $12 246 571,48, is expected to appear in court today. It…
Former Cabinet Minister Ignatius Chombo is far from being a free man as two more corruption related charges are still pending at the Harare Magistrates Court despite the State’s withdrawal…
South Africa Confirms Sixth Cholera Case South Africa has registered one more laboratory-confirmed case of cholera, bringing the total to six, reports eNCA. The Department of Health says the…
Last month we blogged on an indictment in the Southern District of New York (“SDNY”) charging Vladimir Voronchenko (“Vorenchenko”) with scheming to make payments to maintain multiple properties in New…
The CFPB recently imposed a consent order on the California-based mortgage lender, ClearPath Lending, for having perpetrated a VA loan scam for numerous years. The ClearPath Lending office can be…
Publicity Secretary for the Malawi Congress Party (MCP) Reverend Maurice Munthali has resigned from his position, citing the prevailing governance atmosphere marred by persistent corruption allegations and related scandals as…
Government has admitted that the country is currently riddled with rampant corruption, smuggling of minerals and foreign currency allaying that efforts are being made to arrest individuals involved. Permanent Secretary…
Update as at 16h30 SAST Food Crisis Looms as Farmers Buckle Under Power Cuts Farmers in the KwaZulu-Natal province are warning of a possible food security crisis fueled by…