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iSignthis boss ‘lying’ about Visa termination: court

Max Mason

iSignthis chief executive John Karantzis lied to and misled law firm Clayton Utz, which was commissioned to write an independent expert report into the company’s market disclosures, a court has heard.

Tim Hart, chairman of payments company iSignthis, conceded Mr Karantzis made “inaccurate” statements to Clayton Utz in a document related to the suspension and termination of its deal with payments giant Visa in mid-2020.

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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/isignthis-boss-lying-about-visa-termination-court-20230607-p5den2