Ponzi scheme promoters in Nigeria risk 10-yr jail term –SEC

...Says new Act will bark, bite By Chinwendu Obienyi The Securities and Exchange Commission (SEC) has said that the recently enacted Investment and Securities Act (ISA) 2025 has empowered the commission to combat Ponzi schemes and other fraudulent investment activities. According to the commission, with the Act now signed into law by President Bola Tinubu, [...]The post Ponzi scheme promoters in Nigeria risk 10-yr jail term –SEC appeared first on The Sun Nigeria.

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