MyPayrollHR CEO Arrested, Admits to $70M FraudEarlier this month, employees at more than 1,000 companies saw one or two paycheck's worth of funds deducted from their bank accounts after the CEO of their cloud payroll provider absconded with $35 million in payroll deposits from customers. On Monday, the CEO was arrested and allegedly confessed that the diversion was the last desperate gasp of a financial shell game that earned him $70 million over several years.
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MyPayrollHR CEO Arrested, Admits to $70M Fraud
