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Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny

Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
June 24, 2020  |  Investments

Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund,...

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Report: SEC Probing Public Firms That Received PPP Funds
Report: SEC Probing Public Firms That Received PPP Funds
May 28, 2020  |  Loans

The U.S. Securities and Exchange Commission (SEC) has launched an investigation into publicly traded companies that received COVID-19 stimulus funds, Bloomberg News reported. Get the...

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Luckin Coffee CEO and COO Fired After Fraud Probe
Luckin Coffee CEO and COO Fired After Fraud Probe
May 12, 2020  |  Personnel

An internal investigation into alleged fraud at Luckin Coffee Inc. has led to the firing of several top executives at the Beijing, China-based java giant,...

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Indian Court Pressed To Restart Antitrust Probe Of Amazon, Flipkart
Indian Court Pressed To Restart Antitrust Probe Of Amazon, Flipkart
April 07, 2020  |  ANTITRUST

A group of Indian retailers is appealing a court order that put an antitrust probe of Amazon and Walmart-owned online retailer Flipkart on hold, according...

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DOJ Price Probe Eyes Amazon Sellers
DOJ Price Probe Eyes Amazon Sellers
March 19, 2020  |  Amazon

Amazon is making shoppers aware of a probe from the Department of Justice into third-party merchants on its marketplace, Reuters reported. The firm reportedly informed...

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Wirecard Says Audit Finds No Account Manipulation
Wirecard Says Audit Finds No Account Manipulation
March 13, 2020  |  Cybersecurity

German payments company Wirecard said that an auditing firm it hired found no evidence of account manipulation, according to a report by Reuters.  Get the...

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AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
March 11, 2020  |  Cybersecurity

The Swedbank anti-money laundering (AML) probe by the law firm Clifford Chance has uncovered 586 transactions totaling roughly $4.8 million in possible U.S. sanction violations,...

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Japan’s FTC Raids Rakuten Over Merchants’ Shipping Complaints
Japan’s FTC Raids Rakuten Over Merchants’ Shipping Complaints
February 10, 2020  |  ANTITRUST

The Japan Fair Trade Commission (JFTC), the country’s antitrust watchdog, searched the Tokyo headquarters of eCommerce giant Rakuten on Monday (Feb. 10) over complaints about...

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