Fraud, Indianapolis, Innovation and Security

B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

PYMNTS

MAY 8, 2019

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. Fraud Allegations. Here is what happened, at least according to the U.S. Department of Justice.

Fraud

Fraud Report Indianapolis Leadership

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. ” via Indianapolis Business Journal. .

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Capital Company San Francisco Operations

Community Banking Brief

B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

121 Of The Biggest, Costliest Startup Failures Of All Time

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