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Payday Loan Tycoon Charged With Bankruptcy Fraud
Payday Loan Tycoon Charged With Bankruptcy Fraud
July 03, 2018  |  Loans

After allegedly creating millions of fake debts and selling them to bill collectors, payday loan magnate Joel Tucker was indicted on federal charges. Tucker reportedly...

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SoFi Talking To Banks About $500M Line Of Credit For Buys
SoFi Talking To Banks About $500M Line Of Credit For Buys
July 03, 2018  |  Banking

Social Finance, the online lender, has been holding talks with banks during the past few weeks in an effort to raise around $500 million in...

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PwC Charged $625.3M For Colonial Bank Fraud Scheme
PwC Charged $625.3M For Colonial Bank Fraud Scheme
July 03, 2018  |  Security & Fraud

Following a non-jury trial in March, a federal judge has said that PricewaterhouseCoopers LLP (PwC) must pay the Federal Deposit Insurance Corp. (FDIC) $625.3 million...

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Amazon’s Prime Day To Last 36 Hours
Amazon’s Prime Day To Last 36 Hours
July 03, 2018  |  Amazon

Amazon.com Inc. announced Tuesday (July 3) that its Prime Day is being extended to 36 hours from last year’s 30 year, with the company touting...

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Trax Raises $125 Million To Reach Near $1 Billion Valuation
Trax Raises $125 Million To Reach Near $1 Billion Valuation
July 03, 2018  |  Investments

Trax, the Singapore startup focused on the retail industry, raised $125 million in a new round of venture funding amid plans to go public via an initial public...

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Bitcoin Daily: KODAKCoin Inks Deal With Race Car Champion, SEC Token Sale Filings Rise To New High
Bitcoin Daily: KODAKCoin Inks Deal With Race Car Champion, SEC Token Sale Filings Rise To...
July 03, 2018  |  Bitcoin

Race car driver Fernando Alonso of Formula One fame is turning to the blockchain to protect the rights to his visual media, CoinDesk reported. WENN...

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Colgate Looks To Invest In Online Subscription Service
Colgate Looks To Invest In Online Subscription Service
July 03, 2018  |  Partnerships / Acquisitions

As Colgate-Palmolive Co. seeks to cut out retailers as sales move to eCommerce, the consumer packaged goods (CPG) company is reportedly seeking the help of a...

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Mall Vacancy Rate Hits Highest Level Since 2012
Mall Vacancy Rate Hits Highest Level Since 2012
July 03, 2018  |  Retail

The vacancy rate at malls around the country hit 8.6 percent in the second quarter, marking the highest level since back in 2012 when the...

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SEC, FBI Investigating Facebook’s Cambridge Analytica Data Scandal
SEC, FBI Investigating Facebook’s Cambridge Analytica Data Scandal
July 03, 2018  |  Facebook

Facebook’s data scandal, in which the now defunct political consulting firm Cambridge Analytica accessed the data on 87 million users without their consent, is getting further...

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