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Financial Innovation = Creative Counterfeiting Schemes by Wall Street
The new Sanity Check blog by Bob O'Brien is out. He gives us his take on the subprime meltdown. For those who get befuddled by the convolutions used to explain how they first naked short the stock and then naked short the bonds, using cdos, tranches etc, he included a picture... ACORN Director Admits Exaggeration of 1.3 Million Registered, Now says 450K
ACORN executive Director now says that the 1.3 million number they have been telling the press is a wild exaggeration. The number is actually closer to 450,000. There is now some additional things coming...114 views | 2 recommendations | 3 comments
"Gruesome" Chinese Student Murder "Involved in Internet BETTING SCAM"
Detectives piecing together the motive for the murders of ex-Newcastle University students Yang Zhen Xing and girlfriend Xi Xhou say Yang may have been involved in an international BETTING SCAM on the internet....252 views | 5 recommendations | 2 comments
"Millionaire shoplifter" jailed
A man who made so much money from shoplifting that he was able to afford a "lavish lifestyle" has been jailed in the UK. They had evenr ented a flat in London's upmarket Knightsbridge neighborhood that cost 1,000 pounds per week."A Briton dubbed the "millionaire shoplifter"...268 views | 4 recommendations | 2 comments
Mummified Man Dead for Years in Rental Home
This has to be the strangest thing I've read about in quite some time.What next? Another Sphinx will be found under his house? Hmmm."PHOENIX (AP) - A man whose mummified body was found in February in the bathtub of a rental cottage in Phoenix has been identified. Phoenix...NYS Attorney General Cuomo: "The taxpayers have been ripped off enough,"...
"ALBANY — Lawyers doing work for schools in Erie and Niagara counties have been subpoenaed by State Attorney General Andrew M. Cuomo as part of a statewide investigation into possibly fraudulent employment...993 views | 0 recommendations | 5 comments
California Customs and Border Protection Officers Seize $22 Million in Counte...
US Customs and Border Patrol"California Customs and Border Protection Officers Seize $22 Million in Counterfeit Imported Merchandise (Tuesday, May 20, 2008) contacts for this news releaseOakland, Calif. - U.S. Customs and Border Protection announced the seizure of...Bloomberg's Racist and Fraudulent Police Actions make even Giuliani look Good
Mayor Bloomberg has managed to one-up the fascist Giulianiand waist $100 million dollars of the cities money in the process. When the New York City police aren't busy chasing down andarresting city residents who are...260 views | 0 recommendations | 0 comments
At least 7 current, former NFL players allegedly involved in tax scam
Opinion Barry Artiste, Now Public Contributor Ah Yes, Death and Taxes, only one is a sure thing, Taxes that is. An acquaintance, let's call him Peter M age 50, would brag to anyone in earshot about this New...615 views | 10 recommendations | 6 comments
Bankers vs Rogues: Halifax Axes World of Warcraft Payments
Halifax UK, citing a high volume of fraud, has entered combat by blocking transactions between its Visa and Mastercard credit cards and MMORG (Massively multiplayer Online Roleplaying Game) World of Warcraft. A... Hospitals Across The Nation Are Sending Medicare Fraudulent Charges
"CBS- Robert McCaslin is a man of few words … but many scruples.
"Just the way I'm wired, I guess," he said. "It's just that simple."
Which is why he lost sleep over major taxpayer fraud he unearthed while working in billing at the Houston Hospital District, CBS News... Bank uncovers $7 billion fraud by single trader
"PARIS (AP) -- Societe Generale uncovered a $7.14 billion fraud -- one of history's biggest -- by a single futures trader who orchestrated a series of bogus transactions that spiraled out of control amid roiling markets this week, the French bank said Thursday. Executives... MySpace page serves up fake Microsoft security update
Just a quick heads-up for Myspace users."According to security vendor McAfee, one of the profiles on MySpace currently serves up a fraudulent Microsoft security update that, if clicked, attempts to load malicious software. The profile of a 42-year-old woman from Arkansas... Canada :Store owner charged with stealing winning $5.7M lottery ticket
Lets hope this store owner will be spending many Yuletide Dinners in prison. "A former convenience store owner was charged Wednesday with stealing a winning lottery ticket and fraudulently claiming $5.7 million in...1033 views | 0 recommendations | 0 comments
Press Release: Ontario Police lay charges 'insider' lottery win
Certainly, an investigation whose time has come thanks to CBC's media investigation into the Ontario Lottery Corporations inaction in providing answer why Retailers without proof of Lottery Ticket purcase won untold...573 views | 0 recommendations | 0 comments
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