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Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s):  PKKFF

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members.


CSE:PKK - Post by User

Post by SmartPodhotzoneon Dec 15, 2020 9:02am
109 Views
Post# 32107443

The U.S. Securities and Exchange Commission has asked a New

The U.S. Securities and Exchange Commission has asked a New The U.S. Securities and Exchange Commission has asked a New York judge to impose a $4.2-million judgment on Tamarind Investments Inc., an offshore entity controlled by Canadian Rajesh Taneja that was part of a years-long scheme run on the U.S. markets. (All figures are in U.S. dollars.) The SEC says that Mr. Taneja and others ran an offshore network that allowed insiders to secretly sell shares in 45 companies. In all, the scheme generated $35-million in proceeds, according to the SEC. The proposed $4.2-million judgment for Tamarind is contained in a motion the SEC filed on Thursday, Dec. 10, in federal court in New York. The amount comprises $3.7-million that Tamarind realized through share sales during the scheme, plus interest. On top of that, the SEC is seeking an appropriate fine, with the judge to determine the amount.
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