scandal

Overstock CEO Resigns After Disclosing Romance With Russian Agent

Overstock CEO Resigns After Disclosing Romance With Russian Agent
Overstock CEO Resigns After Disclosing Romance With Russian Agent
August 22, 2019  |  Personnel

Patrick Byrne, CEO and founder of Overstock.com, has resigned following information that his romance with a Russian agent affected the company’s profit center, Politico reported...

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Madoff Whistleblower Has GE On The Defense
Madoff Whistleblower Has GE On The Defense
August 19, 2019  |  Security & Fraud

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on...

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Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends
Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends
July 15, 2019  |  Payments Innovation

The most interesting story about Facebook since the Cambridge Analytica scandal broke is one that hasn’t really been written. Get the Full Story Complete the...

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Grubhub Denies Allegations Of ‘Fake’ Web Domains
Grubhub Denies Allegations Of ‘Fake’ Web Domains
July 02, 2019  |  Delivery

Delivery giant Grubhub has been accused of creating websites for restaurants without their permission and trying to squeeze extra commission from it, according to a...

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Italy Fines Facebook $1.1M For Mishandling Data
Italy Fines Facebook $1.1M For Mishandling Data
June 28, 2019  |  Security & Fraud

An Italian data protection regulator hit Facebook with a fine of  €1 million ($1.1M) for violating local privacy laws in relation to the Cambridge Analytica...

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Patisserie Valerie Ex-Chairman Claims No Knowledge Of Fraud
Patisserie Valerie Ex-Chairman Claims No Knowledge Of Fraud
June 11, 2019  |  B2B Payments

The former chairman of U.K. café chain Patisserie Valerie said he had no idea of any fraud occurring within the business, distancing himself from the...

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Allied Wallet Settles With FTC Over Fraud Charges
Allied Wallet Settles With FTC Over Fraud Charges
June 07, 2019  |  Security & Fraud

Allied Wallet, an online payment provider and a client of Wirecard, settled with the Federal Trade Commission (FTC) last month over charges that it helped...

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Feds Investigate QuadrigaCX’s $195M Crypto Mystery
Feds Investigate QuadrigaCX’s $195M Crypto Mystery
June 05, 2019  |  Security & Fraud

The case of the curious crypto exchange, and its quick collapse, deepens. Get the Full Story Complete the form to unlock this article and enjoy...

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Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
May 31, 2019  |  Loans

Ireland’s central bank announced that it has fined a state-backed mortgage lender €21 million for overcharging its customers. Get the Full Story Complete the form...

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