The founder and CEO of a failed startup has pleaded guilty for defrauding former employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The U.S. Justice Department has charged two men for allegedly hacking ATM machines in order to illegally obtain cash from them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
An independent management team has resigned from the Woodbridge Group of Companies after the SEC accused the firm of being a Ponzi scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Wells Fargo’s effort to toss out a lawsuit lodged by the city of Philadelphia failed, with the judge paving the way for the city to go after the embattled bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and medical marijuana and would like access to banking in the industry. Get the Full Story Complete the form to unlock...
Internet Association (IA), a lobbying group that represents the likes of Amazon, Facebook, Google and Netflix, is joining a lawsuit against the Federal Communication Commission’s move to get rid of net neutrality. Get the Full Story Complete the form to unlock this article and enjoy...
Race car driver and Kansas businessman Scott Tucker has been sentenced to 16 years and eight months in jail for crimes associated with Tucker’s payday lending business. According to a report in Reuters, the sentencing came down from U.S. District Judge Kevin Castel in Manhattan....
Attorney General Jeff Sessions has sent a directive to U.S. attorneys, taking back Obama-era directives that relaxed enforcement of federal pot laws on states in which it is legal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Uber got slapped with a lawsuit from a British mobile advertising agency, aiming to get the ride-hailing company to pay bills that the firm claims amount to millions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
