Hindenburg – Did 50% Of Cash App’s Customers Vanish?

Hindenburg kept the assault on Block this week, saying that Block’s response to their allegations actually confirms that they have inflated their user accounts for years. They claim that instead of refuting the key issues, Block’s response confirmed much of their analysis and avoided addressing many of the other claims. Block Confirmed 44 Million Active […]

Auriemma – Check Deposit Fraud Is Up 385% Since 2021

It’s clear now. Check fraud is the #1 problem for banks in 2023. New benchmarking data collected by Auriemma Roundtables indicates that the problem of check deposit fraud is up a whopping 385% in 2022. The company collected benchmarking data from 2021 and 2022 and calculated each year’s total check deposit fraud rate. The check […]

A $10 Million Hamburglar Fraud At Burger King

The McDonald Hamburglar had nothing on 5 women from Jamaica that are accused of stealing $10 million dollars from their employer Burger King. Sources say the 5 ladies stole $10 million from the hamburger joint by voiding out transactions and keeping the cash when customers would pay. The 5 ladies (including the supervisor of the […]