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Victims of MyPayrollHR collapse attend Pioneer Bank shareholder meeting

WNYT Staff
Updated: February 19, 2020 02:44 PM
Created: February 19, 2020 11:33 AM

Victims of the MyPayrollHR collapse are still looking for answers after hoping for a Pioneer Savings Bank shareholders meeting.   

The payroll company shut down last September-- leaving Pioneer on the hook for $35 million.    

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The bank sued the CEO Michael Mann. His case is still up in the air.

Business owner Melanie O’Malley attended Pioneer’s annual shareholders meeting on Tuesday. O’Malley owns a baking business and lost about $1,400 when MyPayrollHR abruptly shut down.

"Now the issue is getting employer money back because there's tax money just sitting in hold over accounts," said O’Malley.

That’s why she and Bonita Rosengrant from New Hampshire, who lost $30,000 from the scandal, went to speak with the Pioneer Bank president and CEO.

To hear what was discussed at the meeting, click on Emily De Vito’s report.


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