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A new crop of scams are finding many victims -- and you'll definitely be exposed to at least one if you haven't already.
The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Party City [6] Payless Shoe Source [2] RadioShack [2] Red Lobster [4] RJR Nabisco [7 ...
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 ...
In 2019, Payless filed for bankruptcy a second time and closed all of its stores. According to Forbes, "the company continued to encounter too many aggressive competitors, including Zappos (a ...
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.
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 ...
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 ...
Zynga's first game, Texas Hold 'Em Poker, now known as Zynga Poker, was released on Facebook in July 2007. It was the first game Facebook introduced on its social networking platform. [27] Zynga became the Facebook app developer with the most monthly active users in April 2009, with 40 million people playing their games that month. [28]