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NY Payroll Company Vanishes With $35 Million
This communique came after employees at companies that depend on MyPayrollHR to receive direct deposits of their bi-weekly payroll payments discovered their bank accounts were instead debited for the amounts they would normally expect to accrue in a given pay period.
To make matters worse, many of those employees found their accounts had been dinged for two payroll periods — a month’s worth of wages —leaving their bank accounts dangerously in the red.
The remainder of this post is a deep-dive into what we know so far about what transpired, and how such an occurrence might be prevented in the future for other payroll processing firms.
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NY Payroll Company Vanishes With $35 Million
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Logicians have but ill defined
As rational the human kind.
Logic, they say, belongs to man,
But let them prove it if they can.
-- Oliver Goldsmith
(Score: 2) by RS3 on Saturday September 14 2019, @03:41AM
I don't understand your reply to my comment. You said "that's nuts"- do you mean you don't agree with what I wrote? Because I wrote the exact same thing. If you don't understand what I wrote, then you're the same AC who keeps misunderstanding me.
I said I use a debit card, and I don't have the same protection as a credit card. Right?
Which is why I keep very little in the debit card-attached account, so that if it gets stolen, it's not much money- not a big loss.
Could you explain how my statement differs?