SEC warns on ponzi schemes, calls for vigilance

By Peter Egwuatu The Securities and Exchange Commission (SEC) has renewed warning on the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence, financial stability, and the Nigerian capital market. This was the central theme of a paper titled “Ponzi Schemes: Avoiding the Pitfalls of Illegality” presented by Head of the Enforcement Department of [...]The post SEC warns on ponzi schemes, calls for vigilance appeared first on Vanguard News.

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