SEC Fines Energy Co. $5M For Faking Inflated Revenue
By Nadia Dreid ( December 22, 2023, 5:41 PM EST) -- The U.S. Securities and Exchange Commission has worked out a $5 million deal with a United Arab Emirates-based energy company that will allow it to settle charges that it committed fraud by lying to the agency about its revenue in order to sell $500 million in securities....
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