Wednesday, June 29, 2022

FTC sues Walmart for facilitating money transfer scams worth $197 million

The US Federal Trade Commission (FTC) has sued retail commerce giant Walmart for allegedly allowing its money transfer services to be used by fraudsters, who fleeced consumers out of more than $197 million.

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Brembo, Ningbo SAFE form India joint venture for motorcycle ABS systems

Italian brake maker Brembo and Ningbo SAFE Brakes Systems are joining forces in India. They will establish a joint venture to produce motorc...