Say you’re a Swiss bank and you want to launder some money for high-net-worth clients. Here’s one way: Start by placing large quantities of the funds into a brokerage account at the bank under the name of a shell corporation…. Read More ›
Tag Archive for ‘Uproxx’
Comentário no Facebook criticando a polícia rende prisão no Rio Grande do Norte
“É livre a expressão da atividade intelectual, artística, científica e de comunicação, independentemente de censura ou licença”. A Constituição Brasileira é clara e deveria ser soberana, mas não para a Polícia Militar do Rio Grande do Norte, que decretou a… Read More ›
Why Wells Fargo’s Executives Will Keep Their Bonuses, Even After Fake Accounts Scandal
Last week, Wells Fargo CEO John Stumpf testified before the Senate Banking Committee after the bank paid fines for creating over 2 million fake customer accounts to boost their sales growth statistics. Stumpf, under fire from senators demanding that the bank… Read More ›
Donald Trump Leads the War on Truth — but He Didn’t Start It
As the first presidential debate looms, the choice between Hillary Clinton and Donald Trump is being billed as something more than red versus blue, rich versus poor, or war versus peace. The election is being billed as something even larger — a… Read More ›
Turning Up Like a Bad Penny
One summer day in 2012, Chris DiIorio pulled up outside a home that Colorado Goldfields Inc., a mining company in Littleton, Colorado, listed as the home address of its chief financial officer, Stephen Guyer. DiIorio — whose investigations into the… Read More ›
Calling the SEC
Chris DiIorio suspected major broker-dealer Knight Capital of tanking penny stocks on purpose and racking up massive, unsustainable balance-sheet liabilities based on all the stocks it “sold” that it never really had. It had taken him five years to reach… Read More ›
Charlotte Police Video of Keith Scott’s Killing Released
Last Updated | 10:56 p.m. Bowing to demands for greater transparency into the circumstances surrounding a fatal shooting that sparked protests in Charlotte, North Carolina this week, the city’s police department on Saturday released video of the deadly encounter recorded… Read More ›
Naked Shorts Can’t Stay Naked Forever
A few years into his personal quest to understand how he had lost a million dollars on a penny stock, Chris DiIorio developed a sweeping hypothesis involving Knight Capital, the mammoth brokerage company that frequently traded in them. Knight earned $333… Read More ›
Messages of Anger and Hope from Charlotte as Protests Continue
Peaceful protests continued for a fourth night in Charlotte, North Carolina, after a video released by the family of Keith Scott revealed new details about the moments leading up to his death and raised a series of questions about police’s… Read More ›
A Walking Tour of New York’s Massive Surveillance Network
Earlier this month, on the 15th anniversary of the 9/11 attacks, the lower tip of Manhattan was thronged with soldiers in uniform, firefighters marching with photos of lost friends pinned to their backpacks, and tourists bumbling around the new mall… Read More ›