Investment scams have become the most commonly reported and financially destructive form of online crime, accounting for $3.3 billion in reported losses in 2022, according to the FBI. Crypto schemes accounted for vast majority (75%) of losses fraudinvestigation.net/blog/…
Finally, a clear explanation for what went down at FTX: "A silly-haired wizard sold magic beans. The villagers loved it! Until they stopped believing in magic and demanded their money back..." nymag.com/intelligencer/arti… @LaneBrown @NYMag
John Powers retweeted
Breaking: CDC says fully-vaccinated people can turn off SMS 2FA, use the same password for everything again.
“A self-addressed envelope ... is always precisely where it belongs.” - Renata Adler, capturing the logic of non-responsive court clerks and records depts, everywhere
John Powers retweeted
This video is narrated by Andy Puzder, the former CEO of a fast-food chain, who once said of robots: "They're always polite, they always upsell, they never take a vacation, they never show up late, there's never a slip-and-fall, or an age, sex, or race discrimination case.”
John Powers retweeted
Remember the mortgage crisis that led to the Great Recession? Well, there's evidence it's happening again. This time, with commercial mortgages.
propub.li/3iF3dTB
"Like a crime, true innovation in art requires premeditation, means, motive, and opportunity."
- David Lehman on Frank O'Hara's "Why I Am Not a Painter"
John Powers retweeted
Last year, I started going to DC eviction court and was shocked by how many tenants lost their cases simply because they didn't show up. I started trying to understand why, and the answer was much stranger & more disturbing than I imagined. dcist.com/story/20/10/05/tho…
Terrific take on money mules — essential workers of today’s online fraud economy — by @nathanielpopper for @nytimes nytimes.com/2020/09/15/techn…
As more Ponzi schemes implode, banks will be sued for aiding and abetting. "For financial institutions, the question now is not if you will be sued in connection with a Ponzi scheme; the question is when you will be sued and how often." Jonathan Claydon @GT_Law via @natlawreview
All of Agatha Christie’s deadly plots, plotted (Spoilers if you look closely) trib.al/nED0I9j
"Ya put the razor in cold water, not hot. Because metal does what in cold?"
"I dunno, Johnny."
"At's what I'm tellin' ya. It contracts. That way you get a first class shave. Every time."
salon.com/2020/06/21/failure… @Salon
John Powers retweeted
Donna Tartt on the Singular Voice, and Pungent Humor, of Charles Portis nytimes.com/2020/06/09/books…
John Powers retweeted
A sophisticated fraud network targeting Washington State’s unemployment system claimed hundreds of millions of dollars before officials were able to identify and crack down on the coordinated attack. buff.ly/2LSpWfu
Headline generator tool:
Private equity is ruining American <insert_subject> and coronavirus is only making it worse
Private equity is ruining American health care, and coronavirus is only making it worse trib.al/9lnUoCF
John Powers retweeted
This man founded his own kingdom and bank—then the German government started asking where the money went trib.al/Y0TjDcT













