A judge has ruled that money laundering charges can be brought against the creators of a website that California prosecutors label an online brothel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The ousted CEO of Uber called a lawsuit filed against him by one of the company’s top investors a “public and personal attack” without merit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A group of marketers swiped more than $40 million from the bank accounts of customers for “discount club” memberships they never agreed to join, according to a complaint filed by the Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this...
Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015....
A federal judge has decided that Costco owes Tiffany & Co. $19.4 million in damages over the warehouse club chain’s illegal sale of counterfeit diamond engagement rings bearing the “Tiffany” name. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Wells Fargo is facing a fresh lawsuit contending the bank’s Merchant Services Unit overcharged small businesses for the payment processing of their credit card transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In what seems to be an 180-degree turn, the Department of Justice (DOJ) is asking the Supreme Court not to weigh in on American Express’ (Amex) merchant contracts and “steering” activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FBI documents have revealed a global financial network run by a senior Islamic State official that funneled money to an alleged ISIS operative in the U.S. through fake eBay transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Apple has been engaging in anti-competitive behavior in China, its largest mobile applications market, according to a lawsuit filed with regulators in that country. The antitrust suit, which comes on behalf of more than two dozen developers, was filed Tuesday by Dare and Sure, a...
