Economy General

Ponzi operators risk 10-year jail term, N20m fine – SEC 

Promoters and operators of entities engaged in a prohibited scheme is liable to a penalty of not less than N20 million or imprisonment to a term of 10 years or both. Thr Director-General of the Securities and Exchange Commission (SEC),  Dr Emomotimi Agama, said it is one of the provisions of the newly signed Investments

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