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A US court ordered Dozy Mmobuosi, founder of Tingo, which sells phones to African farmers, to pay $250M+ in fines after SEC said he inflated financial


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2024-09-01 22:08:43
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Developers , Cybersecurity Business , Blue Team (CND) , Policy / Governance

Aanu Adeoye / Financial Times:

A US court ordered Dozy Mmobuosi, founder of Tingo, which sells phones to African farmers, to pay $250M+ in fines after SEC said he inflated financial records  —  Decision against Dozy Mmobuosi by US court comes after civil complaint by SEC against his Nasdaq-listed companies




Aanu Adeoye / Financial Times:

A US court ordered Dozy Mmobuosi, founder of Tingo, which sells phones to African farmers, to pay $250M+ in fines after SEC said he inflated financial records  —  Decision against Dozy Mmobuosi by US court comes after civil complaint by SEC against his Nasdaq-listed companies



Source: TechMeme
Source Link: http://www.techmeme.com/240901/p5#a240901p5


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