investigation

SEC Probe Prompts Direct Lending CEO To Step Down

SEC Probe Prompts Direct Lending CEO To Step Down
SEC Probe Prompts Direct Lending CEO To Step Down
March 21, 2019  |  Personnel

Direct Lending Investments’ founder and CEO Brendan Ross has resigned while his company is the focus of an investigation by the Securities and Exchange Commission...

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Swedbank To Reveal External Money Laundering Investigation
Swedbank To Reveal External Money Laundering Investigation
March 19, 2019  |  B2B Payments

Swedbank has revealed it will release the results of an external investigation looking into the bank’s involvement in a Baltic money laundering scandal on Friday...

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PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
March 18, 2019  |  B2B Payments

According to Reuters, in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting...

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BBVA: Inquiry Into Spying Allegations Could Last Months
BBVA: Inquiry Into Spying Allegations Could Last Months
March 15, 2019  |  Banking

As BBVA Executive Chairman Carlos Torres seeks to ease the concerns of retail investors, the company official said it could take months to complete an inquiry...

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Wirecard: Internal Investigation Clears Accounting Manager
Wirecard: Internal Investigation Clears Accounting Manager
March 14, 2019  |  Cybersecurity

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers....

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New York Grand Jury Looking Into Facebook’s Data Sharing Agreements
New York Grand Jury Looking Into Facebook’s Data Sharing Agreements
March 14, 2019  |  Facebook / Meta

Facebook is the subject of a criminal investigation by federal prosecutors over the data deals it inked with some of the biggest technology companies, reported...

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FBI Probe, Oracle Suit Eye Amazon’s Government Procurement Role
FBI Probe, Oracle Suit Eye Amazon’s Government Procurement Role
March 07, 2019  |  B2B Payments

The Federal Bureau of Investigation (FBI) has launched a preliminary investigation into Amazon‘s work with the U.S. Department of Defense (DoD), shining a spotlight on...

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Authorities Investigating Dutch Ties To Billions In Laundered Money
Authorities Investigating Dutch Ties To Billions In Laundered Money
March 06, 2019  |  Cybersecurity

Dutch prosecutors are investigating whether banks in the country were part of a huge money laundering operation in Russia, according to a report by Reuters....

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