Famous Ponzi Scheme Stages Return as SEC Plans N20 Million Fine For Operators …C0NTINUE READING HERE >>>
The Security and Exchange Commission (SEC) has proposed a jail term and N20 million fine for Ponzi scheme operatorsThe commission proposed this in the Investment and Securities Bill (ISB) 2024, which is currently before the National AssemblyThe development comes amid the planned return of a popular Ponzi scheme, Chinmark, in Nigeria
Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Securities and Exchange Commission…
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