SEC Probes 79 Ponzi Schemes, Flags FF Tiffany as Major Threat

By Esther Ososanya The Securities and Exchange Commission (SEC) has opened investigations into 79 suspected Ponzi schemes across Nigeria, warning that all those found guilty will be prosecuted under the strengthened Investment and Securities Act (ISA) 2025. This move signals a shift in regulatory enforcement, as according to the SEC, Ponzi operations now pose a...