Archive for the 'Fraud' Category
Mexican Town Practically Eliminated Crime by Throwing Out Politicians and the Police
October 19th, 2018Via: Al Jazeera:
China May Have $5.8 Trillion in Hidden Debt With ‘Titanic’ Risks
October 17th, 2018Via: Bloomberg: China’s local governments may have accumulated 40 trillion yuan ($5.8 trillion) of off-balance sheet debt, or even more, suggesting further defaults are in store, according to S&P Global Ratings. “The potential amount of debt is an iceberg with titanic credit risks,” S&P credit analysts led by Gloria Lu wrote in a report Tuesday. […]
To The Stars Academy $37 Million “Deficit”
October 15th, 2018Take Off Your Pants and Jacket… and bend over: If we’re fucked up, you’re to blame Via: Ars Technica: The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses from operations […]
GM Appoints Ex-CIA Deputy Director, Co-Vice Chair of the Council on Foreign Relations to Its Board
October 10th, 2018More connections than a switchboard, including an NSC role where, “She had oversight responsibility for covert action programs and special reconnaissance missions,” and In-Q-Tel. Via: CNBC: General Motors appointed a former deputy director of intelligence at the Central Intelligence Agency to its board on Wednesday. Jami Miscik is the chief executive and vice chair of […]
Financial Accounts May Be “Modified” to Shield Classified Programs
October 9th, 2018Not a new policy: missingmoney.solari.com Via: Federation of American Scientists: In an apparent departure from “generally accepted accounting principles,” federal agencies will be permitted to publish financial statements that are altered so as to protect information on classified spending from disclosure. The new policy was developed by the government’s Federal Accounting Standards Advisory Board (FASAB) […]
DARPA Is Making Insects That Can Deliver Bioweapons
October 4th, 2018You’ll love this one. Via: Newsweek: The U.S. government’s Defense Advanced Research Projects Agency (DARPA) has been accused of trying to create a new class of biological weapons that would be delivered via virus-infected insects. The Insect Allies program was announced by DARPA in 2016. It is a research project that aims to protect the […]
U.S. Government Can’t Account for $21 Trillion Since 1998
October 3rd, 2018This is from December 2017. Via: USA Watchdog: Michigan State University economics professor Mark Skidmore made an astounding discovery about the finances and budgets of the U.S. federal government earlier this year. He and a team of graduate students discovered $21 trillion missing in the federal budget going back to 1998. Dr. Skidmore, who specializes […]
DEF CON Report: “Grave and Undeniable” Security Issues with Electronic Voting Systems
October 1st, 2018Via: Ars Technica: Today, six prominent information-security experts who took part in DEF CON’s Voting Village in Las Vegas last month issued a report on vulnerabilities they had discovered in voting equipment and related computer systems. One vulnerability they discovered—in a high-speed vote-tabulating system used to count votes for entire counties in 23 states—could allow […]
SEC Sues Elon Musk, Seeks to Ban Him from Running Tesla or Any Public Company
September 27th, 2018Update: Musk to Resign as Tesla Chairman, Remain as CEO in SEC Settlement Via: Reuters: Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement that caps a tumultuous two months for the […]
Insiders Selling at Record Pace
September 26th, 2018Via: CBS: Corporate insiders are dumping stock in their companies at a rate not seen in 10 years. With September not yet over, stock sales by company executives reached $5.7 billion, according to data from TrimTabs Investment Research — the highest September in a decade. August’s $10.3 billion in insider sales also reached a 10-year […]
