The truth that Raymond Njanike ( Interfin Bank MD) ,Farai Rwodzi ( Interfin Chairman) and Interfin Banking Corporation continue to mislead investing public and regulatory authorities about the legality of thier illegal action shows fraudulent intent on the portion of Raymond Njanike ( Interfin Bank MD) ,Farai Rwodzi ( Interfin Chairman) and Interfin Banking Corporation. The law provides the SEC the choice of asking the court to impose a civil penalty equal to the amount of monetary acquire that resulted from the violation (15 USCA §78u (d)(3)(B)). The SEC may possibly conduct its investigations even where it has already referred the matter for criminal prosecution (69 Am. Jur. A third general criminal statute that prosecutors could use against corporate officers and directors is forgery.

The plaintiff is allowed to collect damages equal to the difference between what he paid and what the stock was worth at the time of the lawsuit or the quantity he received when he resold it. Medical doctors in India could be held liable for their services individually or vicariously unless they come inside the exceptions specified in the case of Indian Health-related Association vs V P Santha (two) Medical doctors are not liable for their services individually or vicariously if they do not charge charges.

If the commissioner finds at the hearing that the named individual violated BOIA or its linked guidelines, regulations, and orders, he can impose a civil penalty of up to $10,000 per violation, regardless of no matter if the individual appears … Read the rest >>>