PYMNTS

APRIL 29, 2019

Indianapolis-based freight trucking company Celadon Group has agreed to pay its investors $42.2 As part of the agreement, the company must pay restitution to shareholders, as well as implement internal controls and cooperate with the investigations of the former executives allegedly involved in the fraud.

Fraud 108

Fraud Indianapolis New York Operations 108

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 135

Fraud Report Indianapolis Leadership 135

PYMNTS

MAY 10, 2019

businesses. The allegations in the indictment unsealed today outline the activities of a brazen China-based computer hacking group that committed one of the worst data breaches in history,” Assistant Attorney General Brian A.

National 115

National Data Indianapolis Fraud 115

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. .

Capital 78

Capital Company San Francisco Operations 78