Tag: Crime
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Less than 4 miles from where I sit, UnitedHealth CEO Brian Thompson was murdered with a ghost gun. So I wondered, how big of a threat are 3D printed firearms? A Rapidly Advancing Technology Unfortunately, 3D printing firearms has become increasingly easy. There are entire YouTube channels devoted to it.…
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+ 3D Printing, Crime, Firearms, Government, Law, luigi-mangione, Murder, NYC, Public Safety, shooting, Tech, Technology+
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Every finger has a unique fingerprint, right? Wrong, according to a new study published in Science Advances. The Columbia University team used an AI model to analyze tens of thousands of fingerprints. It found that fingerprints can actually be shared across multiple fingers. From a Columbia statement: It’s a well-accepted…
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Jack Welch was one of the most famous CEO’s of his time. So how do you buttonhole him at a book signing and get him to speak at a class he’s never even heard of? “Is it a ridiculous idea for you to speak at the negotiation class I teach…
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+ Crime, Entrepreneur, Founders, Investing, Management, Money, Negotiation, Startups, Venture Capital+
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Hedge fund manager Neil Phillips has been arrested in Spain this week. He is charged with masterminding a market manipulation scheme that reached from the UK to Asia. His strategy shows how hedge funds manipulate markets from currencies to stocks. Get the blog before anyone else…subscribe! From a new report…
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Morgan Stanley, already under federal investigation in the US, is now facing another probe. This time, it’s in Korea. From a report that broke last night on Bloomberg: Morgan Stanley’s stock short selling practices are being inspected by South Korea as part of a broader effort by the nation’s financial…
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+ Business+ Crime, Finance, Investing, Money, Morgan Stanley, Stock Market, Stocks, Wall street, Wallstreetbets+
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Former Congressman Stephen Buyer was arrested today for insider trading. From Politico: Federal authorities filed criminal and civil insider trading charges against former Rep. Stephen Buyer in U.S. court in Manhattan on Monday, alleging that the Indiana Republican used information gleaned from a golf outing with a T-Mobile executive to…
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It was supposed to be a safe investment. In small offices across the country, brokers sold a security called L Bonds. The bonds were backed by life insurance policies and were supposed to provide a steady stream of income. Many buyers were elderly. Now they’re facing catastrophic losses of up…
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+ AMC, Crime, Finance, Gamestop, Investing, Money, Reddit, Retirees, Retirement, Stock Market, Stocks, Wallstreetbets+
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Another day, another hedge fund scandal. The SEC announced charges this week against a Detroit hedge fund for bilking investors of tens of millions of dollars. From Financial Advisor magazine: The Securities and Exchange Commission today announced fraud charges against Detroit-based EIA All Weather Alpha Fund Partners I LLC (EIA)…
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+ Business+ Crime, Detroit, Finance, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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The federal government has charged a fraud ring that manipulated numerous US stocks. The group netted $194 million in ill-gotten gains over several years. From Compliance Week: The SEC’s charges, contained in three separate complaints filed in the U.S. District Court for the Southern District of New York, allege that…
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Never miss a post…subscribe! Last week, the U.S. government made its largest asset seizure ever: $3.6 billion worth of bitcoin. The money came from the 2016 hack of the Bitfinex exchange. The culprits: Ilya Lichtenstein and Heather Morgan, a young couple from New York City. Perhaps the most interesting detail…
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