allegations

Telegram Adds To Apple’s EU Antitrust Allegations
Telegram Adds To Apple’s EU Antitrust Allegations
July 30, 2020  |  ANTITRUST

Apple Inc. is facing another antitrust complaint.  Telegram, the cloud-based messaging app with more than 400 million users, said that in 2016, Apple restricted the...

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Wirecard Again Facing Accounting Fraud Allegations
Wirecard Again Facing Accounting Fraud Allegations
October 16, 2019  |  B2B Payments

Germany-based Wirecard is once again facing allegations of accounting fraud by the Financial Times (FT). The FT reported this week that its review of internal...

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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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Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
May 21, 2019  |  Legal

Payment company Allied Wallet and its owner, Ahmad Khawaja, as well as two officers, Mohammad Diab and Amy Rountree, have settled with the Federal Trade...

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Swedbank CEO ‘Humble’ After Laundering Claims
Swedbank CEO ‘Humble’ After Laundering Claims
March 06, 2019  |  Banking

Swedbank’s CEO has admitted to making some mistakes when handling money laundering allegations against the bank. Last month it was revealed that Estonia’s investigation of money...

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Theranos Sued On Allegations Of Misleading Tests, Financial Data
Theranos Sued On Allegations Of Misleading Tests, Financial Data
April 25, 2017  |  Security & Fraud

Amid the shoes falling for Theranos, might the latest news be a boot? The Wall Street Journal reported last week that one of the company’s investors filed...

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Netspend Agrees To Settle FTC Allegations
Netspend Agrees To Settle FTC Allegations
April 03, 2017  |  Security & Fraud

After a lengthy legal process with the Federal Trade Commission (FTC), the Netspend Corporation has come to an agreement. The company, which serves those without...

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Santander To Pay $25M To Resolve Auto Loan Allegations
Santander To Pay $25M To Resolve Auto Loan Allegations
March 30, 2017  |  Legal

Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and...

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