Tag Archives: Moneual

Newegg has come under fire recently, being sued by four South Korean banks that claim the company has aided and abetted in a Ponzi scheme, defrauding each by millions of dollars.

Zalman USA, a private company that distributes coolers and other products by Zalman Tech in the U.S., on Friday issued a statement denying bankruptcy of Zalman Tech. The company promised to clarify the situation about the insolvency of its parent company as well as reveal more about the future of …

Zalman Tech, a legendary maker of cooling solutions and other devices, has filed for bankruptcy. The company had to file for insolvency protection in South Korea because its parent company Moneual took loans it could not eventually repay by using fabricated export data. The destiny of Zalman is unclear. Zalman …