Adtech employee diverted $9M payment from Google to buy gold

日本 ニュース ニュース

Adtech employee diverted $9M payment from Google to buy gold
日本 最新ニュース,日本 見出し
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Gold bars and Google: The harebrained adtech heist that went spectacularly wrong

Down 2 Earth would eventually get tangled in Mancuso's alleged scheme to defraud Ezoic, which began around September 2022, according to court documents.

At Ezoic, Mancuso did little to distinguish himself, for better or worse. He was not particularly high-performing, Lafleur said. It was in this environment that Mancuso would test the viability of his plan without sounding any alarms. "I think everyone has looked at that detail and been like, 'Huh, I could probably change that to my account today,'" said an ad-industry source."It's a joke in the industry. Nobody ever does it because it's so obviously traceable and reversible." Many former staffers described a flat organizational structure at Ezoic where executives were largely hands-off when it came to employees' day-to-day activities.

But Oxford Gold was alerted on December 2 that this was a fraudulent transaction, said a source with direct knowledge. Ezoic did lay off roughly 35 workers from its then 300-person staff in December, and about 10 layoffs followed in February, according to multiple former Ezoic employees. He added that while Google represents most of Ezoic's monthly revenue, it's not the company's only revenue source, though the loss of the $9 million payment scuttled Ezoic's initial growth plans for the year.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

BusinessInsider /  🏆 729. in US

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Google Search to get ChatGPT-like AI, and I expect Google to fix 2 big problemsGoogle Search to get ChatGPT-like AI, and I expect Google to fix 2 big problemsGoogle CEO Sundar Pichai confirmed that a ChatGPT-like chatbot would soon be available in Google Search - what you need to know.
続きを読む »

MicroStrategy Buys Another 1,045 Bitcoin for $23.9MMicroStrategy Buys Another 1,045 Bitcoin for $23.9M.Saylor's MicroStrategy brings bitcoin holdings up to 140K worth $4B after latest purchase. $MSTR oknightcrypto reports
続きを読む »

10 Things in Tech: Google's AI chatbot Bard is still being rushedInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
続きを読む »

Retirement savings: Workers cashing out 401(k)s when they switch jobsCall it the Great Cash Out: Almost half of job switchers are making the mistake of cashing out their retirement savings when they go
続きを読む »

Twitter sued by firms alleging they're owed $230K due to unpaid billsSeveral more companies are suing Twitter, claiming it owes them around $230,000 in unpaid bills and they don't know if they'll ever be paid
続きを読む »

How to travel and save as a digital nomad living in a villageI took a 6-month 'sabbatical' after months of cheap living while traveling. The best thing about the digital-nomad lifestyle is having options.
続きを読む »



Render Time: 2025-02-28 01:48:11