NY Payroll Company Vanishes With $35 Million

Discussion in 'other security issues & news' started by ronjor, Sep 11, 2019.

  1. ronjor

    ronjor Global Moderator

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    https://krebsonsecurity.com/2019/09/ny-payroll-company-vanishes-with-35-million/
     
  2. Rasheed187

    Rasheed187 Registered Member

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    The Netherlands
    This is a bit worrying. A big bank in Holland named ING had the same problem, it couldn't pay their flex-workers because of a problem with some payrolling company. Looks like this stuff needs to be monitored more closely.
     
  3. mood

    mood Updates Team

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    The owner of a payroll company that suddenly vanished after losing $30 million meant for paychecks has been charged with fraud
    September 24, 2019
    https://www.businessinsider.de/mypayrollhr-owner-charged-with-bank-fraud-following-fbi-raid-2019-9
     
  4. ronjor

    ronjor Global Moderator

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    80,157
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    Texas
    Cachet Financial Reeling from MyPayrollHR Fraud

     
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