The U.S. Securities and Exchange Commission (SEC) filed an “emergency action” against former NS8 Inc. Chief Executive Officer Adam Rogas, pursuing an asset freeze and charging him with “defrauding investors” by allegedly untruthfully claiming millions in sales, according to a Thursday (Sept. 17) statement. Get...
Chinese authorities have made a series of arrests alleging more than $2 billion was laundered at offshore gambling sites through faux eCommerce purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
We may be wondering what’s on the other side of commerce, banking, and “normal” life after the pandemic — but rest assured it will be done (at a significant and accelerating pace) online. Get the Full Story Complete the form to unlock this article and enjoy...
EY’s global chairman and CEO has expressed regret over the accounting firm’s failure to uncover fraud sooner at Wirecard AG, the bankrupt German payment company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The old saying goes: Faster payments, faster fraud. 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, PYMNTS Today. By completing this form, you...
GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the Philippines, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Fifty-seven people have been charged by the U.S. Department of Justice (DOJ) as of May for attempting to misappropriate over $175 million from the Paycheck Protection Program (PPP), which was created to assist people amid the COVID-19 health crisis, Reuters reported. Get the Full Story...
One day after JPMorgan Chase & Co. CEO Jamie Dimon threatened to take action against employees who stole COVID-19 relief funds, several workers have reportedly been fired. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
