National Payment Corporation – Computer Security Articles

NY Payroll Company Vanishes With $35 Million

September 11, 2019 admin A Little Sunshine, Cachet Financial Services, Dan L'Abbe, Granite Solutions Groupe, Michael T. Mann, mypayrollHR, National Payment Corporation, Pioneer Savings Bank, ValueWise Corp., Wendy Slavkin

Credit to Author: BrianKrebs| Date: Wed, 11 Sep 2019 15:02:26 +0000

MyPayrollHR, a now defunct cloud-based payroll processing firm based in upstate New York, abruptly ceased operations this past week after stiffing employees at thousands of companies. The ongoing debacle, which allegedly involves malfeasance on the part of the payroll company’s CEO, resulted in countless people having money drained from their bank accounts and has left nearly $35 million worth of payroll and tax payments in legal limbo.