Payroll Fraud Could Cost KeyCorp $90M
PYMNTS
JULY 16, 2019
Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. The customer involved in the fraud is Interlogic Outsourcing, which processes payrolls and is based in Elkhart, Indiana. Shares fell on the news. Shares in KeyCorp fell 1.8
Let's personalize your content