Birkenhead finance director jailed for gambling-fueled $2.4M fraud

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A finance director who swindled a business based in Birkenhead, England, out of nearly £1.9 million ($2.4 million) has been sentenced to prison after his “predilection for gambling got out of hand.” Allan Wood, 59, from Saltersgate in Ellesmere Port, appeared at Liverpool Crown Court on Tuesday (December 23) after admitting to four counts of […]


Personal finance app Monarch raises $75 million

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Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino. Courtesy: Monarch The personal finance startup Monarch has raised $75 million to accelerate subscriber growth that took off last year when budgeting tool Mint was shut down, CNBC has learned. The fundraising is among the largest for an American consumer fintech startup this year […]


Trump Has Added Risk to the Surest Bet in Global Finance

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There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by […]