Tani reports, “In a criminal complaint filed late last month, federal prosecutors said that over the course of four years, Mansueto Ventures director of people and resources Nirvani Sabess siphoned money away from the company by continuing to pay employees who were on leave or had already left the company, and diverting the salaries into her bank accounts.
“In a statement on Wednesday, Mansueto Ventures, the parent company of the two business publications, confirmed that it recently discovered an individual was defrauding the company.
“‘Mansueto Ventures recently discovered that one of its former employees was allegedly committing financial fraud against the company, amounting to mid-six-figures,’ a spokesperson said. ‘We immediately launched an internal investigation, then referred the matter to law enforcement and terminated the sole employee involved. As a result we are strengthening the security of all our systems.'”
Read more here.
Jared Serre, a tax reporter at Law360, is leaving the news organization next month. He…
Lauren Silva Laughlin, U.S. editor of Reuters Breakingviews, sent out the following on Tuesday: I’m…
The Wall Street Journal has hired two new staffers and promoted a current staffer. They…
Fortune magazine has launched "Ask Andy," a bi-weekly advice column for entrepreneurs and start-up founders.…
The Wall Street Journal is looking for a full time senior publishing editor to join…
The Wall Street Journal is looking for an experienced and determined reporter to join our…