Technology

Pax Global subsidiary in US raided by FBI, Homeland Security, the Chinese point-of-sale device maker says

Pax Global subsidiary in US raided by FBI, Homeland Security, the Chinese point-of-sale device maker says

China’s Pax Global Technology Ltd, a point-of-sale device maker, said on Friday that US federal investigators had earlier this week raided its subsidiary’s office in Florida, but did not disclose the reason. In a statement to the Hong Kong stock exchange, the company said officers of the Federal Bureau of Investigation and Customs and Border Protection executed a court order on Tuesday to seize certain items from its unit Pax Technology Inc’s Florida office and warehouse.

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