5 results
- 1 Sept 2024
US SEC Orders Mmobuosi Ex Tingo Boss to Pay over $250m in Securities Fraud Case
United States Securities and Exchange Commission (SEC) has secured a default judgment against Odogwu Dozy Mmobuosi, former CEO of Tingo Group, and three companies affiliated with him, resulting in…
- 18 Dec 2023
US SEC Charges Mmobuosi, Tingo Boss to Court over Alleged “Massive Fraud”
United States (US) Securities and Exchange Commission (SEC) on Monday filed charges against Dozy Mmobuosi, Nigerian businessman, and three companies of which he is CEO, alleging they inflated the…
- 2 Oct 2024
SEC Charges Oyebola, Nigerian Auditor for Allegedly Aiding Tingo Group’s Fraud
The U.S. Securities and Exchange Commission (SEC) has charged Nigerian auditor Olayinka Oyebola and his accounting firm, Olayinka Oyebola & Co., for their alleged involvement in a major…
- 22 Feb 2022
Tingo, Nigerian AgriTech Firm Seeks to Raise $500m for Expansion
Tingo, a Nigerian-focused Agricultural Fintech firm, has announced that it is seeking to raise $500 million through a combination of debt and equity financing via a private placement. Dozy Mmobuosi,…
- 20 Jun 2023
DataPro Suspends Tingo Mobile’s Credit Rating
Rating agency and data protection compliance organisation, DataPro says it has suspended Tingo Mobile’s Credit Rating due to the company’s inability to provide required additional information to…