Defendant Name:
Tingo Group, Inc.
Defendant Type:
Public Company
Document Reference:
LR-25915
Document Details
Legal Case Name
SEC v. Mmobuosi Odogwu Banye (a/k/a Dozy Mmobuosi), Tingo Group, Inc., Agri-Fintech Holdings, Inc. (f/k/a Tingo Inc.), and Tingo International Holdings, Inc.
Document Name
SEC Obtains Emergency Relief Against Tingo Mobile Founder, Three Companies Charged with Massive Fraud
Document Date
19-Dec-2023
Document Format
Civil Proceeding
AAER
4479
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On December 19, 2023, the SEC stated that: "it obtained a temporary asset freeze, restraining order,
and other emergency relief against Mmobuosi Odogwu Banye a/k/a Dozy Mmobuosi and three affiliated U.S.-based
entities of which he is the CEO--Tingo Group Inc., Agri-Fintech Holdings Inc., and Tingo International Holdings Inc.--in
connection with an alleged multi-year scheme to inflate the financial performance metrics of these companies and key
operating subsidiaries to defraud investors worldwide."
Other Defendants in Action: