India state moves to ban black magic after anti-superstition activist gunned down

"An Indian state government Wednesday approved legislation banning superstition and black magic, an official said, a day after a prominent champion of the bill was shot dead. 'An ordinance will be promulgated in the next two days,' the official said, declining to be named. Details were not yet available but an earlier draft proposed bans on beating a person to exorcise ghosts and on raising money by claiming to work miracles. Dabholkar, who founded the Committee for the Eradication of Blind Faith two decades ago, encountered opposition over the bill from Hindu nationalists who feared it could be used to curb religious freedoms." Continue reading

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Secret Service nabs Oklahoma driver’s license equipment burglars

"Two men are accused of committing multiple felony burglaries at metro area tag agencies. They were after the equipment and supplies needed to make Oklahoma driver’s licenses and ID cards. 591 customers had their personal information stolen along with the equipment. We keep piling on security feature like biometrics to our state driver’s license but the weakest link is the local DMV or tag agencies. This sort of crime is happening all over the country. All the personal data and high tech security features in the world will not make the card secure. Instead what it does is make the document a hot commodity for crooks." Continue reading

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Social Security and Medicare: Twin Disasters Loved by All Age Groups

"The Social Security system, like the Medicare system, is beloved of younger workers, because they think they're going to get a free lunch from the government when they're older, and this enables them to spend less money now for their retirement years. They love it. They figure somebody else is going to pay for their retirement, and they think they're going to dig deep into somebody else's wallet. This is a Ponzi scheme. But Ponzi schemes are incredibly popular with people. Think of Bernie Madoff. People loved to get in. They begged to get in. Madoff realized early that it was this insatiable desire for outsiders to get in that was his sustaining factor." Continue reading

Continue ReadingSocial Security and Medicare: Twin Disasters Loved by All Age Groups

The FBI’s Privileged Partners in Crime

"According to legal scholar Harvey Silverglate, each day the typical American commits three acts that could be treated as felonies by a sufficiently creative federal prosecutor. On a typical day the FBI formally authorizes informants and provocateurs on its payroll to commit fifteen unambiguous crimes. The ATF and DEA also run huge networks of informants, but those agencies will not disclose any information about the number of undercover operatives they employ or the criminal activities in which they may be involved. In his book 'Our Enemy, the State,' Albert Nock observed that government doesn’t seek to abolish crime, but rather to monopolize it." Continue reading

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Fake police gang nabbed in western Switzerland

"Swiss police have arrested a gang of fake officers who stole tens of thousands of dollars from tourists in the Lake Geneva area this summer. The gang, made up mainly of Romanian nationals, had been posing as officers in some of the top tourist spots in Geneva and neighbouring Vaud, police said on Friday. The set-up was always the same: a plain-clothed member of the gang would ask an unsuspecting tourist for directions, only to be interrupted by two accomplices wearing police uniforms demanding to see his and the tourist's identification. With the tourist's wallet in hand, the phony officers discretely pocketed the cash inside." Continue reading

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Irish man facing U.S. extradition for hosting largest child porn network on the planet

"If extradited to the US, Marques faces four charges relating to images hosted on the Freedom Hosting network, including images of the torture and rape of children. He could be sentenced to 30 years in prison. Freedom Hosting hosted sites on the The Onion Router (Tor) network, which anonymises and encrypts traffic, masking the identity of users. Users on the Tor sub-Reddit were suspicious about the news, dissecting the details of the vulnerability and pointing to a previous case where the FBI had taken over and maintained a site hosting child abuse material for two weeks in order to identify users." Continue reading

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A new, dangerous job in Mogadishu: tax collector

"Militias extorted cash from civilians during much of the last two decades of chaos. Now Mogadishu has a government in place, but shopkeepers view the taxman as the latest in a long line of troublemakers. That makes tax collection one of the riskier jobs in Mogadishu: Five tax collectors have been killed so far this year, following the killings of 10 last year. The idea of paying taxes for social services seems outlandish in a nation where few have seen functioning hospitals or schools. One obstacle tax collectors face is philosophical: If it's an established fact that government leaders in Somalia steal tax money, why should citizens pay?" Continue reading

Continue ReadingA new, dangerous job in Mogadishu: tax collector

US Files Criminal Charges Against SAC For the Non-Crime Of Insider Trading

"US prosecutors brought criminal charges against SAC Capital, the hedge fund run by billionaire Steve Cohen, alleging the $15 billion fund engaged in 'systemic insider trading' for 11 years, reports FT. SAC was charged with one count of wire fraud and four counts of securities fraud. Prosecutors are seeking forfeiture of hundreds of millions of dollars in allegedly illegal profits. The fraud was 'substantial, pervasive and on a scale without known precedent in the hedge fund industry,' the government said in the indictment." Continue reading

Continue ReadingUS Files Criminal Charges Against SAC For the Non-Crime Of Insider Trading

Woman sues Japan’s biggest yakuza boss, seeking refund of ‘protection money’

"She is demanding around 17 million yen ($170,000) in compensation and reimbursement for payments she was forced to make to protect her bar in the central city of Nagoya, the broadcaster said, citing her legal representatives. The woman says she paid 30,000-100,000 yen per month between 1998 and 2010 to a member of Inabaji Ikka, a local yakuza group connected to the Yamaguchi-gumi, Kyodo News said. On one occasion in 2008 when she tried to refuse to pay, she was warned that her bar could be burned down, Kyodo said." Continue reading

Continue ReadingWoman sues Japan’s biggest yakuza boss, seeking refund of ‘protection money’

Texas man raised over $4.5M in 2012 Bitcoin Ponzi scheme, feds allege

"The government's financial regulator alleges that Shavers violated a number of federal financial regulations. In court documents, the SEC wrote: 'Shavers falsely promised investors up to 7 percent interest weekly based on BTCST’s purported BTC market arbitrage activity, including selling BTC to individuals who wished to buy BTC 'off the radar,' quickly, or in large quantities. In reality, the BTCST offering was a sham and a Ponzi scheme whereby Shavers used new BTCST investors’ BTC to pay the promised returns on outstanding BTCST investments and misappropriated BTCST investors’ [bitcoins] for his personal use.'" Continue reading

Continue ReadingTexas man raised over $4.5M in 2012 Bitcoin Ponzi scheme, feds allege