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factoring fraud

US transport factoring firm reportedly impacted by fraud

It hasn’t exactly been the best of times lately for FreightRover, at least not when it comes to legal drama and company leadership. The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO...

#factoring fraud

Blockchain may help FI with AML and identify factoring...

Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of…

#anti-money laundering#blockchain#factoring fraud


US jewellery distributor is sentenced in multi-million USD factoring...

A Rhode Island jewellery distributor who admitted to orchestrating a long-running fraud scheme that defrauded a debtor finance company... (more…)

#factoring fraud


Former US jewellery distributor pleads guilty to multi-million dollar...

A Rhode Island jewellery distributor has pleaded guilty to federal charges that he orchestrated a fraud scheme that defrauded a…

#factoring fraud


Trucking company owner sentenced for factoring fraud

An owner of a trucking company was sentenced to more than four years in prison for defrauding a factoring company…

#factoring fraud#receivables


BT European Chief resigns as Italian fraud plot thickens

After the revelation that BT Italia have been involved in factoring fraud costing far more than the... (more…)

#compliance#factoring fraud#management


The Banamex fraud – assessing the impact one year...

Cornelius Cavendish investigates how the USD400 million fraud case involving Citi's Mexican subsidiary, Banamex, has affected receivables finance industry risk…

#bank#factoring fraud#frauds


Director arrested over factoring fraud

Aide to regional government chief accused of defrauding Delhi-based factor (more…)

#factoring fraud#Two


New credit risk assessment regulations for Mexico

National Banking and Securities Commission introduces new guidelines for factoring companies (more…)

#credit risk#factoring fraud#management


Personal assets auctioned following USD17million factoring fraud

Canadian factoring firm wins fraud suit but defendant doesn't pay damages (more…)

#account receivables#factoring fraud#receivables


The price of Factoring Fraud in the USA 2/2

In part two of our article into uncovering the extent of invoice fraud in the USA, Mark Mandula Managing Partner…

#AR#factoring fraud#frauds


The price of Factoring Fraud in the USA 1/2

With estimated hundreds of millions of dollars being written off because of invoice fraud in the USA, in this two-part…

#factoring fraud#frauds#international

Bank of Italy warns of higher risks of factoring...

According to the Financial Intelligence Unit (FIU) wider use of the factoring agreements and the involvement of many economic agents…

#bank#banks#factoring fraud

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