US queries PayPal in money laundering probe
PayPal
San Francisco - AFP
US authorities have demanded information from online payment service PayPal as part of a money laundering investigation, according to a regulatory filing available on Wednesday.
"We have received subpoenas from the US Department of Justice seeking the production of certain information related to our historical anti-money laundering program," Silicon Valley-based PayPal said in an annual report to the US Securities and Exchange Commission.
PayPal noted that it was cooperating with authorities and did not speculate on the outcome of the investigation. No further details were provided.
The news appeared to weigh slightly on PayPal shares, which were down more than 1.5 percent to $40.24 in after-market trades on the Nasdaq.
- Sunday ,14 January GMT 13:35 2018 Closer Online seeks foundations to review for feature (108k Twitter followers)
GMT 11:31 2018 Wednesday ,03 October
Twitter allows publishers to monetise video views globallyGMT 19:00 2018 Tuesday ,23 January
Facebook acknowledges social media's risks to democracyGMT 17:09 2018 Sunday ,21 January
Amazon’s automated grocery store of the future opens MondayGMT 11:37 2018 Sunday ,21 January
Twitter says Russia-linked accounts more widespreadGMT 14:32 2018 Friday ,19 January
EU clears Qualcomm megabuyout of semiconductor rival NXPGMT 14:19 2018 Monday ,15 January
Palestinians to get 3G in West Bank after Israel lifts banGMT 13:35 2018 Sunday ,14 January
Closer Online seeks foundations to review for feature (108k Twitter followers)GMT 10:36 2018 Sunday ,14 January
US report raps Alibaba's Taobao, others for pirated goodsRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 11:28 2017 Monday ,27 November
Pakistani Justice Minister resigns to defuse the crisisGMT 08:00 2012 Thursday ,26 April
Hussein Fahmy among stars slamming Adel Imam verdictGMT 09:05 2013 Thursday ,14 March
Continued violence in South Pakistan kills 3
GMT 05:39 2013 Friday ,27 September
Israel delays home resettlement for legal reasons
GMT 10:04 2019 Monday ,19 August
Live a tense and noisy atmosphere
GMT 08:56 2018 Sunday ,30 September
A new way of closing the financing gap for SMEs and entrepreneurs in Saudi Arabia
GMT 05:27 2013 Monday ,26 August
Facebook rallies thousands to Philippines protest
GMT 21:08 2015 Monday ,27 April
Apple quarterly profit jumps 33% to $13.6bn
GMT 15:53 2014 Saturday ,18 October
In praise of figs for us
GMT 14:28 2017 Tuesday ,12 December
Banks, companies turn against coal as leaders seek cash for climate
GMT 17:34 2015 Friday ,09 October
ERC opens 10 schools in Aden
GMT 06:36 2017 Monday ,30 January
New wave of robots set to deliver the goods
GMT 17:02 2014 Wednesday ,30 April
Saudi president of radio and television commission signs rial 110m contractsGMT 14:49 2012 Thursday ,09 February
Extracting your sweet tooth
GMT 15:29 2017 Tuesday ,31 January
Saudi, Kuwait equity markets retreat
GMT 18:14 2015 Sunday ,13 December
Bomb in market kills 22 in Pakistani tribal region
GMT 06:03 2013 Wednesday ,25 September
Baghdad blast against Sunni mourners kills 15
GMT 05:07 2015 Thursday ,15 October
UN urges Iraq's feuding Kurds to respect democracy
GMT 06:34 2013 Thursday ,26 September
Hamas control of Gaza good for Israel security
GMT 07:44 2015 Wednesday ,23 September
Burkina coup leaders sign deal with army to stand down
GMT 09:55 2015 Tuesday ,29 September
Pope left the United States, but death penalty remains
GMT 07:26 2015 Friday ,25 September
Pope Francis gets rapturous welcome in New York
GMT 05:51 2015 Wednesday ,30 September
Central Africa leader pleads for calm
GMT 17:15 2013 Sunday ,03 November
\'The Client List\' is canceled by Lifetime
GMT 13:05 2013 Tuesday ,01 October
Windows Phone gains in Europe, Apple up in USGMT 18:05 2012 Wednesday ,24 October
Minaj, Swift to perform at the AMAsGMT 19:21 2011 Monday ,08 August
\'Blade Runner\' Pistorius realises a dream
GMT 06:14 2018 Friday ,14 September
Lebanon’s Basketball Team In New Zealand After Epic Win Against China
GMT 13:07 2015 Wednesday ,29 July
Libyan parliament approves amnesty law
GMT 22:40 2014 Friday ,01 August
KU to hold orientation for Kuwaitis seeking education in Jordan
GMT 07:36 2015 Sunday ,13 September
New photos reveal Pluto's stunning geological diversity
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor