Deel to Challenge Fraud Facilitation Allegations in Court, Denies Involvement in Money Laundering Scheme
San Francisco, Calif. — Deel, a burgeoning human resources and payroll startup, is poised to counter a lawsuit it has described as unfounded. The lawsuit accuses the company of enabling financial transactions tied to a con that allegedly preyed on elderly churchgoers. Filed in a federal court in Florida, the legal complaint alleges that Deel’s payment mechanisms were exploited to transfer monies linked to a deceitful scheme, a violation flagged by the U.S. Securities and Exchange Commission. According to the regulators, numerous investors were misled by the scheme. Deel has vehemently denied these allegations, asserting … Read more