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prosecute ponzi scheme operators

SEC intensifies effort to close down, prosecute ponzi scheme operators, promoters Scheme

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The Securities and Exchange Commission (SEC) says it is intensifying efforts toward closing down illegal fund managers (ponzi schemes) operators in the country. Mrs Efe Ebelo, the Head, Corporate Communications of SEC made this known in a statement on Sunday, quoting the Acting Director-General of the commission, Ms Mary Uduk, as giving the assurance in Abuja. […]