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  2. Payless has filed for bankruptcy and will immediately close ...

    www.aol.com/2017-04-04-payless-has-filed-for...

    Another one bites the dust! The discount shoe chain has filed for Chapter 11 protection on less than $1 billion in assets and $10 billion in liabilities.

  3. Stores and Brands You Thought Were Dead But Aren't - AOL

    www.aol.com/21-stores-brands-thought-were...

    Payless made big waves in early 2019 when it filed for bankruptcy and said it would pull the plug on all of its roughly 2,500 U.S. locations. It was Payless' second bankruptcy in two years — but ...

  4. Mahadev Betting App Case - Wikipedia

    en.wikipedia.org/wiki/Mahadev_Betting_App_Case

    The app was operated by Dubai-based Saurabh Chandrakar, a former juice seller, and his accomplice Ravi Uppal, both of whom hail from Chhattisgarh, according to the Enforcement Directorate (ED). The ED has alleged that the app operated by franchising "panel/branches" to known associates on a 70-30 profit ratio, using the platform to enroll new ...

  5. Payless (footwear retailer) - Wikipedia

    en.wikipedia.org/wiki/Payless_(footwear_retailer)

    Payless ShoeSource Worldwide, LLC [3] (formerly known as Payless ShoeSource Inc.), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital , and Golden Gate Capital .

  6. The gambling industry's sly new way to suck money from ...

    www.aol.com/gambling-industrys-sly-way-suck...

    The technology, they continued, could create "individually themed online slot games that can respond to a player's voice and even generate novel content in response to a player's behavior and game ...

  7. Friendly fraud - Wikipedia

    en.wikipedia.org/wiki/Friendly_fraud

    The proliferation of online payment methods, including mobile apps, and the increasing sophistication of the fraudulent actors, including bots, have made the task of detecting and preventing charge back fraud, particularly online, more complex. According to a 2018 Gartner report on online fraud, retailers are increasingly turning to machine ...

  8. 5 Big Companies That Suddenly Went Out of Business & Why - AOL

    www.aol.com/finance/5-big-companies-suddenly...

    In 2015, the company filed for bankruptcy due to declining sales, the rise of e-commerce and mounting competition from bigger retailers like Walmart and Best Buy. It was a relatively quick death ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!