Payroll Fraud Could Cost KeyCorp $90M
PYMNTS
JULY 16, 2019
In a K-8 filing, KeyCorp, which is based in Cleveland, said the fraud involved a “business customer” and that it was discovered “on or about” July 9. An analyst at Baird said the revelations were “unfortunate” but “manageable.”. Shares fell on the news. The event occurred in the beginning of Q3. KeyBank’s five-year, $16.5
Let's personalize your content