Last spring, in the chaos following the firing of Mattel's CEO (who presided over a disastrous slide in Barbie sales), a Mattel finance executive got an email from his new boss, replacement CEO Christopher Sinclair, ordering the transfer of $3 million to a new Chinese supplier.
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A short story about self-satisfaction, nerdcrime, and the 2008 economic meltdown. [5 min read]
John Mininno is an ex-malpractice lawyer who raised money from a Wall Street angel and founded the National Healthcare Analysis Group, which uses public data sources to uncover Medicare fraud, then does further data-mining to predict which current or ex-employees will turn whistleblower, cold calls them, and splits the bounty the government offers for whistleblowing with them.
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Seagate has emailed its employees and ex-employees to warn them that someone in the company sent their W2 tax data to a criminal who pulled off a successful phishing fraud.
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German newspaper Bild am Sonntag received leaked internal Volkswagen memos and emails that suggest that then-CEO Martin Winterkorn and his executive team were informed in 2014 of the lethal Dieselgate scam the company had perpetrated, and decided to stall and obfuscate to avoid penalties for emitting titanic amounts of the toxic NOX.
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If you've ever locked yourself out of your home and googled for a locksmith, you've seen that it's virtually impossible to reach a real local locksmith.
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Roger Anderson, a telephony expert, developed the Jolly Roger Telephone Company to block and madden robocallers.
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You knew it would happen: Trump barely beating Rubio for second place in the Iowa Republican Caucus means that something must be up. The Washington Post reports on the conspiracy theories emerging from Cruz's unexpected victory. Top of the list: Microsoft, a major Rubio donor.
theorists pointed to failures of the Microsoft system during the night as evidence that something was funky. Because if Microsoft wanted to turn a 10 into a 20 on behalf of its favored candidate, it would need to shut down the system to do so.
By far the weirdest part of the conspiracy theory, though, is that Rubio still came in third. Rubio was predicted to come in third; Rubio came in third by less than was predicted. The theory appears to be that Microsoft switched votes from Trump to Rubio to make Trump not come in first -- but then why does that help Microsoft if they want Rubio to win? "Momentum," colorful eggs on Twitter reply, willfully ignoring that Rubio had momentum before Microsoft theoretically intervened.
The #MicrosoftRubioFraud hastag is a blast. Read the rest
In Rigged Justice: 2016
How Weak Enforcement Lets
Corporate Offenders Off Easy, a 12-page booklet, Senator Elizabeth Warren documents corporations that were caught undertaking grossly fraudulent, highly profitable actions, and were made to pay a trivial fraction of those profits in fines -- fines become a part of the cost of doing business, not a deterrent to criminal behavior.
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You may have noticed a surge of articles criticizing the Federal Trade Commission for its innovation-stifling, headline-chasing, out-of-control attacks on business. The timing of these articles, op-eds and jeremiads isn't an accident.
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Eric Springer is a former Amazon engineer and a heavy AWS user. He's posted a long, terrifying explanation of how identity thieves have been able to repeatedly extract his personal info from Amazon's customer service reps by following a simple script.
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Azure is the posh restaurant Intercontinental Hotel Toronto Centre, where the menu boasts "BC salmon" (which turns out to mean "boned and cleaned" not "British Columbia"), "freshly squeezed" orange juice (comes out of a bottle that boasts that the oranges were freshly squeezed before bottling), and some out-and-out lies, like calling boxed Quaker Harvest Crunch granola "organic granola" and store-bought salad dressing "home made."
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Embrace Pangaea, a "holistic company that provides high-quality herbal detoxes and information to educate clients about natural living" wants you to buy its Herbal Womb Detox Pearls at costs ranging from $85 and $480 and stuff them up your vagina to flush out "toxins" and, depending on which ball you buy, to promote "vaginal tightening" by "tightening the womb" after which your "vaginal canal will shrink."
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When confronted with the fact of his four bankruptcies, Donald Trump argues that he was just being a shrewd businessman, restructuring his affairs to maximize profits. But when The Donald took one of his companies public, we got an unprecedented look into his fiscal incompetence.
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Daniel Rigmaiden was a prolific and talented fraudster who made more than a million dollars filing tax-returns for dead people, using ninja forgery skills and super-tight operational security to avoid arrest for years.
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Say you've just scammed someone out of all their financial details using an online fraud, but now you need to call up their bank and impersonate them, and you don't speak their language, have the wrong accent, or are of a different gender -- what do you do?
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Some Safeway customers in California and Colorado who used debit/credit cards have had their card numbers and PINs slurped up by criminals who then took the cards out for spending sprees.
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