Bob Scott

Bob Scott

Rippling Raises $500 Million

Rippling stumbled into a $500-million financing round this month. The company had originally sought the capital because $545 million of customers’ money was frozen by the collapse of Silicon Valley Bank.


ID Thieves Claimed $111M in Refunds

Fraud signA group that used stolen identities of accountants and taxpayers filed at least 371 bogus returns that claimed $111 million in tax refunds, the Justice Department has charged. Six individuals, lead by Abraham Yusuff, of Round Rock, Texas,  re accused of conducting the scheme from 2016 through 2019.


SEC Whacks Blackbaud for $3 Million

Ransomware lock The SEC’s finding Blackbaud made misleading statements about a 2020 ransomware attack has led to the company agreeing to a $3-million civil penalty. The company also agreed to cease and desist from violations of the Securities Act of 1933, the agency said this week.'s


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