The Director-General of the Securities and Exchange Commission (SEC), Mr. Emomotimi Agama, has announced that the newly enacted Investment and Securities Act (ISA 2025) grants the Commission the authority to prosecute promoters of Ponzi schemes, with offenders facing a minimum of 10 years imprisonment. Speaking on Arise TV on...
Ponzi Scheme Operators in Nigeria Now Face 10-Year Jail Term, N40 Million Fine – SEC DG
