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SEC probes 79 Ponzi schemes, says offenders face up to 10 years in jail

Tribune Online SEC probes 79 Ponzi schemes, says offenders face up to 10 years in jail Securities and Exchange Commission (SEC) has launched a sweeping investigation into 79 suspected Ponzi schemes operating across Nigeria, issuing a stern warning that individuals or entities found culpable will face full prosecution under the newly amended Investment and Securities Act (ISA) 2025. SEC probes 79 Ponzi schemes, says offenders face up to 10 years in jail Tribune Online


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