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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.

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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.

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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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