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Block, the payment company formerly known as Square, has been accused of fraud. Shares of Bloc founded by St. Louisans Jack Dorsey and Jim McKelvey fell just shy of 15% today. Michael Calhoun is joined by Peter Rudegeair, Banking and Payments Reporter for the Wall Street Journal, who broke the story.
By AudacyBlock, the payment company formerly known as Square, has been accused of fraud. Shares of Bloc founded by St. Louisans Jack Dorsey and Jim McKelvey fell just shy of 15% today. Michael Calhoun is joined by Peter Rudegeair, Banking and Payments Reporter for the Wall Street Journal, who broke the story.

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