The Federal Trade Commission (FTC) is refunding over $2.6 million to small businesses that were scammed by A-1 Janitorial, a New York-based office supply company, the FTC said in a press release on Tuesday (Dec. 17). The FTC is mailing 30,374 checks averaging $86 each...
It’s not just about invoices and BEC. In one recent example, payments fraud reached into the crypto realm – and a publicly listed company. Elsewhere, fraud at a health center in Manitoba received more than a million dollars in questionable payouts.
Anyone who’s ever been strapped for cash and looking for a small loan to tide them over until payday has likely turned to debt collection businesses. In response to a major debt collection scheme, the Federal Trade Commission (FTC) has shared it is officially mailing out...
The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding a scheme to steal millions of dollars through fake expense reimbursements, invoices that were inflated and other improper accounting tactics. The SEC’s complaint...
July 06, 2020
To commemorate the Fourth of July holiday, Hamilton Fintech has launched the Jefferson Coin (JEF), according to a press release, a new stablecoin backed by a wide array of global assets. The coin will be followed up by two other coins, the Benjamin Coin and Hamilton Coin. All three will be backed by stocks and […]
December 17, 2019
The Federal Trade Commission (FTC) is refunding over $2.6 million to small businesses that were scammed by A-1 Janitorial, a New York-based office supply company, the FTC said in a...
March 31, 2017
Anyone who’s ever been strapped for cash and looking for a small loan to tide them over until payday has likely turned to debt collection businesses. In response to a major...
March 13, 2017
The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding a scheme to steal millions of dollars...
