DoJ

LendingClub Settles With SEC, DOJ
LendingClub Settles With SEC, DOJ
October 01, 2018  |  Security & Fraud

On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would...

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UK Finance: Invoice Fraud A Threat To Business
UK Finance: Invoice Fraud A Threat To Business
September 28, 2018  |  B2B Payments

Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds...

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DOJ Pressures Facebook To Break Messenger Encryption
DOJ Pressures Facebook To Break Messenger Encryption
August 20, 2018  |  Facebook

The U.S. Department of Justice wants Facebook to break the encryption in its Messenger app as part of a criminal investigation into the MS-13 gang....

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Wells Fargo To Pay More Than $2B Penalty Over Mortgage Loans
Wells Fargo To Pay More Than $2B Penalty Over Mortgage Loans
August 02, 2018  |  Loans

The U.S. Department of Justice (DOJ) announced that Wells Fargo will pay $2.09 billion in penalties to settle claims related to mortgage loans that the lender...

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Treasury Secretary Wants DOJ To Look Into Google’s Power
Treasury Secretary Wants DOJ To Look Into Google’s Power
May 21, 2018  |  Google

The Justice Department is facing calls by Treasury Secretary Steven Munchin to look over the clout and power technology firms including Google have over the economy...

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Cannabis Cos’ Payroll Problems Run Deep
Cannabis Cos’ Payroll Problems Run Deep
April 17, 2018  |  B2B Payments

Earlier this year, the federal government spiked anxieties for legal marijuana businesses. Attorney General (AG) Jeff Sessions issued a memo that seems to ramp up...

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Feds File Charges In International Fraud Scheme Involving A Picasso
Feds File Charges In International Fraud Scheme Involving A Picasso
March 02, 2018  |  Security & Fraud

For their alleged roles in a massive stock fraud and money laundering scam involving a Picasso, the U.S. Department of Justice has criminally charged 10...

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Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
February 19, 2018  |  Data Dive

Not everyone gets a trophy, an inevitable truth discovered by the U.S. Olympic team in Pyeongchang — at least so far. It’s not been a standout year for the...

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US Bank Fined $613M For AML Violations
US Bank Fined $613M For AML Violations
February 15, 2018  |  Bank Regulation

U.S. Bank was slapped with a $185 million civil penalty for what the Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of the...

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