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factoring fraud

Why Did the PrimeRevenue Protection Not Work? On the...

Author Igor Zaks, CFA — President, Tenzor Ltd. (tenzor.ca) For credit investors, LPs, arrangers, and counsel evaluating receivables and supply-chain finance exposure or claims. On May 15, the Amended Complaint in Western Alliance Trust Company, N.A. et al. v. Jefferies Financial...

#buyer confirmation#factoring fraud#First Brands

Another factoring fraud by mimicry

Fraudsters use no end of deceits to cloak their nefarious wheezes. One of these is to use a company name…

#factoring fraud


Minneapolis woman prosecuted for multimillion dollar factoring fraud

A federal grand jury returned an indictment against a ... (more…)

#factoring fraud


Defendants plead guilty to more than US$13m factoring fraud...

According to the U.S. Attorney’s Office for the Western District of Texas, five persons from... (more…)

#factoring fraud


Bank of Thailand creates centralised database to protect against...

The BOT (Bank of Thailand) has created a database to... (more…)

#factoring fraud


US ex-trucking CFO sentenced in US$8m factoring fraud and...

Nicolette Osborne, 50, the former chief financial officer of Bison Global Logistics - a Texas logistics company... (more…)

#factoring fraud#funding#receivables


Manufacturer banned after abusing factoring agreement

Daniel Jon Knowles (36), from Bromsgrove, Worcestershire, was a director of HE Knowles (Manufacturing) Ltd. Incorporated in... (more…)

#factoring fraud


Factors must remain vigilant as fraud could derail business...

Kevin Day, CEO, HPD LendScape, does a comprehensive analysis... (more…)

#factoring fraud


US family factoring firm involved in alleged Ponzi scheme

A federal indictment charges a father and son who headed up a San Antonio-area company with defrauding investors of at…

#factoring fraud


Clearflow Commercial Finance Corp. exposed to CA$48.6m factoring fraud

A Waterloo-based gun wholesaler has been placed in... (more…)

#factoring fraud


Receivables finance fraud is on rise

The receivables finance industry faces a heightened risk and development of fraud... (more…)

#factoring fraud#invoice finance fraud


How to prevent factoring and invoice finance fraud during...

Kevin Day, CEO of HPD LendScape, shares with us... (more…)

#factoring fraud

Plant hire boss disqualified for £1.3m false invoices scam

Businessman Adrian Venni was banned from being a director for nine years... (more…)

#factoring fraud

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