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Kat

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Kat last won the day on September 6

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  1. eating burgers and fries at Grillshack Fries and Burgers https://t.co/Am9VUwRWz2

  2. hmmm works now... with MS edge..
  3. SEP 19 NY Payroll Company Vanishes With $35 Million MyPayrollHR, a now defunct cloud-based payroll processing firm based in upstate New York, abruptly ceased operations this past week after stiffing employees at thousands of companies. The ongoing debacle, which allegedly involves malfeasance on the part of the payroll company’s CEO, resulted in countless people having money drained from their bank accounts and has left nearly $35 million worth of payroll and tax payments in legal limbo. Unlike many stories here about cloud service providers being extorted by hackers for ransomware payouts, this snafu appears to have been something of an inside job. Nevertheless, it is a story worth telling, in part because much of the media coverage of this incident so far has been somewhat disjointed, but also because it should serve as a warning to other payroll providers about how quickly and massively things can go wrong when a trusted partner unexpectedly turns rogue. Clifton Park, NY-based MyPayrollHR — a subsidiary of ValueWise Corp. — disclosed last week in a rather unceremonious message to some 4,000 clients that it would be shutting its virtual doors and that companies which relied upon it to process payroll payments should kindly look elsewhere for such services going forward. 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. A $26 MILLION TEXT FILE To understand what’s at stake here requires a basic primer on how most of us get paid, which is a surprisingly convoluted process. In a typical scenario, our employer works with at least one third party company to make sure that on every other Friday what we’re owed gets deposited into our bank account. The company that handled that process for MyPayrollHR is a California firm called Cachet Financial Services. Every other week for more than 12 years, MyPayrollHR has submitted a file to Cachet that told it which employee accounts at which banks should be credited and by how much. According to interviews with Cachet, the way the process worked ran something like this: MyPayrollHR would send a digital file documenting deposits made by each of these client companies which laid out the amounts owed to each clients’ employees. In turn, those funds from MyPayrollHR client firms then would be deposited into a settlement or holding account maintained by Cachet. From there, Cachet would take those sums and disburse them into the bank accounts of people whose employers used MyPayrollHR to manage their bi-weekly payroll payments. But according to Cachet, something odd happened with the instructions file MyPayrollHR submitted on the afternoon of Wednesday, Sept. 4 that had never before transpired: MyPayrollHR requested that all of its clients’ payroll dollars be sent not to Cachet’s holding account but instead to an account at Pioneer Savings Bank that was operated and controlled by MyPayrollHR. The total amount of this mass payroll deposit was approximately $26 million. Wendy Slavkin, general counsel for Cachet, told KrebsOnSecurity that her client then inquired with Pioneer Savings about the wayward deposit and was told MyPayrollHR’s bank account had been frozen. Nevertheless, the payroll file submitted by MyPayrollHR instructed financial institutions for its various clients to pull $26 million from Cachet’s holding account — even though the usual deposits from MyPayrollHR’s client banks had not been made. REVERSING THE REVERSAL In response, Cachet submitted a request to reverse that transaction. But according to Slavkin, that initial reversal request was improperly formatted, and so Cachet soon after submitted a correctly coded reversal request. Financial institutions are supposed to ignore or reject payment instructions that don’t comport with precise formatting required by the National Automated Clearinghouse Association (NACHA), the not-for-profit organization that provides the backbone for the electronic movement of money in the United States. But Slavkin said a number of financial institutions ended up processing both reversal requests, meaning a fair number of employees at companies that use MyPayrollHR suddenly saw a month’s worth of payroll payments withdrawn from their bank accounts. Dan L’Abbe, CEO of the San Francisco-based consultancy Granite Solutions Groupe, said the mix-up has been massively disruptive for his 250 employees. “This caused a lot of chaos for employers, but employees were the ones really affected,” L’Abbe said. “This is all very unusual because we don’t even have the ability to take money out of our employee accounts.” Slavkin said Cachet managed to reach the CEO of MyPayrollHR — Michael T. Mann — via phone on the evening of Sept. 4, and that Mann said he would would call back in a few minutes. According to Slavkin, Mann never returned the call. Not long after that, MyPayrollHR told clients that it was going out of business and that they should find someone else to handle their payroll. In short order, many people hit by one or both payroll reversals took to Twitter and Facebook to vent their anger and bewilderment at Cachet and at MyPayrollHR. But Slavkin said Cachet ultimately decided to cancel the previous payment reversals, leaving Cachet on the hook for $26 million. “What we have since done is reached out to 100+ receiving banks to have them reject both reversals,” Slavkin said. “So most — if not all — employees affected by this will in the next day or two have all their money back.” THE VANISHING MANN Cachet has since been in touch with the FBI and with federal prosecutors in New York, and Slavkin said both are now investigating MyPayrollHR and its CEO. On Monday, New York Governor Andrew Cuomo called on the state’s Department of Financial Services to investigate the company’s “sudden and disturbing shutdown.” A tweet sent Sept. 11 by the FBI’s Albany field office. The $26 million hit against Cachet wasn’t the only fraud apparently perpetrated by MyPayrollHR and/or its parent firm: According to Slavkin, the now defunct New York company also stiffed National Payment Corporation (NatPay) — the Florida-based firm which handles tax withholdings for MyPayrollHR clients — to the tune of more than $9 million. In a statement provided to KrebsOnSecurity, NatPay said it was alerted late last week that the bank accounts of MyPayrollHR and one of its affiliated companies were frozen, and that the notification came after payment files were processed. “NatPay was provided information that MyPayrollHR and Cloud Payroll may have been the victims of fraud committed by their holding company ValueWise, whose CEO and owner is Michael Mann,” NatPay said. “NatPay immediately put in place steps to manage the orderly process of recovering funds [and] has more than sufficient insurance to cover actions of attempted or real fraud.” Requests for comment from different executives at both MyPayrollHR and its parent firm ValueWise Corp. went unanswered, and the latter’s Web site is now offline. Several erstwhile MyPayrollHR employees reached via LinkedIn said none of them had seen or heard from Mr. Mann in days. Meanwhile, Granite Solutions Groupe CEO L’Abbe said some of his employees have seen their bank accounts credited back the money that was taken, while others are still waiting for those reversals to come through. “It varies widely,” L’Abbe said. “Every bank processes differently, and everyone’s relationship with the bank is different. Others have absolutely no money right now and are having a helluva time with their bank believing this is all the result of fraud. Things are starting to settle down now, but a lot of employees are still in limbo with their bank.” For its part, Cachet Financial says it will be looking at solutions to better detect when and if instructions from clients for funding its settlement accounts suddenly change. “Our system is excellent at protecting against outside hackers,” Slavkin said. “But when it comes to something like this it takes everyone by complete surprise.”
  4. https://www.abc12.com/content/news/Payroll-company-abruptly-closes-leaving-thousands-of-employees-without-paychecks-559888671.html FARMINGTON HILLS (WJRT) (09/09/19) - The abrupt closure of a company that processes payroll for thousands of employees at other businesses is leaving people looking for the money they earned. One of them is Amanda Anderson, who has had several sleepless nights over the past week. With none of the pay she earned getting to her bank account, she is struggling to hide her worry from her daughter. "She's 11. She looks at me and says to me, 'Mom are you going to be OK?' That was hard, panicking a little on the inside while saying of course everything is fine," Anderson said. The nightmare began for the single mom of two last Thursday, when she opened up her bank account to find she the paycheck she had received the previous week had been removed from her account. Anderson immediately reached out to her employer and soon learned the problem was more than a glitch. MyPayrollHR, the company that provided payroll for her employer, had suddenly closed. "The employees for HR showed up to work to a closed office and from understanding, received an email that said, 'Hey our doors are shut, you don't have a job.' From there the accounts that they were paying from were all frozen," Anderson said. That's when Anderson found out her paycheck had been reversed twice by a third-party bank she didn't recognize -- Cachet Financial Services. "They then turned around and essentially repossessed the funds they had already paid out," Anderson said. That left Anderson with a negative balance of $800. Thousands of other employees across the country found negative bank accounts as well. "They basically tell you, well it was our money, we just took it back, sorry, you are going to have to do what you have to do, not our problem," Anderson said. https://www.foxnews.com/us/fbi-investigates-payroll-company-accused-of-stiffing-35m-from-small-businesses The FBI and the New York State Department of Labor confirmed this week they are investigating allegations that a widely-used payroll company diverted nearly $35 million in employee pay to its own bank account before abruptly closing up shop, leaving more than 250,000 employees across the country without paychecks. According to authorities, MyPayrollHR, based in Clifton Park, N.Y., shut down last week after direct-deposit company Cachet Financial Services accused it of moving $26 million from small-business employee paychecks to one of its own bank accounts. In some cases that meant small business employees did not receive their regular direct deposit paychecks at the end of August. To make matters worse, many of those same employees found their accounts had been dinged twice, leaving their bank accounts in the red. The second withdrawal was due to a technical glitch that has since been corrected, Cachet's general counsel Wendy Slavkin told NBC News. Slavkin added that MyPayrollHR still hadn't made the original payments and that's when the company called in the feds. In a cryptic message last week, MyPayrollHR told its 4,000 clients that "we are no longer able to process any further payroll transactions." The now-defunct New York operation also allegedly stiffed National Payment Corporation, a Florida-based firm that handles $9 million in tax withholdings for MyPayrollHR clients. "NatPay was provided information that MyPayrollHR and Cloud Payroll may have been the victims of fraud committed by their holding company ValueWise, whose CEO and owner is Michael Mann," NatPay told KrebsOnSecurity. "NatPay immediately put in place steps to manage the orderly process of recovering funds (and) has more than sufficient insurance to cover actions of attempted or real fraud." In Tennessee, the paycheck debacle has left Tanya Willis' animal shelter at a standstill, CBS News reported. "It hurts," Willis said. "This isn't something that we were prepared for." She said she's been trying to contact MyPayrollHR but that "all of their phone lines were down and all of their social media accounts were wiped off."
  5. ARV and BARV in the Top 5 Tanks at the Tank Museum Video. https://t.co/whO2zQlnM1

  6. He's top 5 tanks include a beach armored recovery vehicle (number 5) and a armored recovery vehicle (number 1) at the tank museum in the UK.
  7. RT @Mandelliant: Docker? I barely container.

  8. Kat

    Test

    test
  9. drinking cocktails at The Underground at The Mob Museum https://t.co/hebAnCntKY

  10. i invite you to join Twinspires, enjoy $10 FREE after your first bet. https://t.co/EmKrrKAZkt

  11. Derby 2019 line up 1 War of Will 20-1 2 Tax 20-1 3 By My Standards 20-1 4 Gray Magician 50-1 5 Improbable 6-1 6 Vekoma 20-1 7 Maximum Security 10-1 8 Tacitus 10-1 9 Plus Que Parfait 30-1 10 Cutting Humor 30-1 11 Haikal 30-1 12 Omaha Beach SCR 13 Code of Honor 15-1 14 Win Win Win 15-1 15 Master Fencer (JPN)50-1 16 Game Winner5-1 17 Roadster6-1 18 Long Range Toddy 30-1 19 Spinoff 30-1 20 Country House 30-1 21 Bodexpress 30-1 https://www.kentuckyderby.com/horses/leaderboard
  12. As you all see I have a new App on the board. Tow Truck of the mouth Photo Contest, You can put a Photo of your truck and members can vote on it. This will run every month and at the end of the month will in turn do the top 3 (all by its self). https://www.towforce.net/competition/ Right now it's set there just for testing, so if you what to put your truck there to help test and help vote, Please do! This will officially start next month if every thing goes to plan! Thank you, Chris
  13. I'v been filling out the calendar for industry events but I know I am missing a lot. So if everyone can help fill in the missing events. This would help a lot and needed https://www.towforce.net/calendar/ There are calendar groups set up one for training and one for events. I can also feed calender's in to the app as iCalendar feed imports. you an also pull this calendar in your own calendar feed with link webcal://www.towforce.net/calendar/download/key=a98428509532c2dc53a0e2ea4d3a322a or by going to the gear by the the group.
  14. I have set up the discord service for the board so you all can join its a chat texting and voice app. The app works on mobile phone's, windows, mac, and can be downloaded here. https://discordapp.com/download Click here to start and to link your account. What is Discord? Discord is a third party text/voice service that can be accessed directly through your web browser or with the Discord app. Because of Discord's ease of access, security, and customization, we have chosen to make it available. How do I get into the TowForce Discord Server? Follow the link on this page or on the main page in the side bar.
  15. until
    http://towsummit.com/
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