FBI seizes LA school district's Ipad purchasing docs


It's not clear what they're investigating, but the DoJ subpoenaed everything related to the $70M program to give Ipads to all 650K kids in the district.

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Chicago schools lost $100M by letting Wall Street engineer their finances


In 2007, the school raised $1B, and instead of issuing bonds, it let the bankers who'd been courting it talk it into issuing a floating-rate bond that it swapped into a fixed-rate issue.

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Chip-and-PIN cards let nearby fraudsters steal $1M at a time

Visa's new Paywave chip-and-PIN credit-cards have a $1M limit on foreign-currency transactions that can be verified "in-card," meaning that someone who gets close enough to your UK wallet can simply wave a phone at it and charge a megabuck to it without raising any realtime security alerts.

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Larry "Wide Stance" Craig busted (again)

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The former conservative GOP senator from Idaho illegally used his campaign funds to defend himself on charges of soliciting sex in a men's toilet in the Minneapolis airport.

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Eric Holder: creator of the "Too Big to Jail" bankster


While you contemplate Eric Holder's track record of surveilling, intimidating and indicting journalists, remember that he also invented the Too Big to Jail doctrine, the failed idea that the answer to breathtaking criminal activity by gigantic banks is big fines, not criminal prosecutions.

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Fake drugs and the plague that never lifts

To pharmaceutical firms, legitimate replicas and outright fakes are much the same: neither make them money. But to sufferers in the developing world, the difference is life and death. Charles Ebikeme on the big business of counterfeit medicine in the developing world.

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GOP set up phishing sites to trick Democrats into donating to the NRCC


At least 16 fraudulent sites attributed to the National Republican Congressional Committee have been discovered. These sites, whose domains are the names of Democratic candidates, use large type and photos that make them appear to be fundraisers for those candidates, though the small-print text makes it clear that these are actually sites set up opposing their apparent candidates. The NRCC claims these are all fair game and blame Democrats for not registered their candidates' names as for campaign sites. But when there's a site at AnnKirkpatrick.com, with the words ANN KIRKPATRICK FOR CONGRESS and a DONATE button beneath it, and when that DONATE button sends money to Ann Kirkpatrick's GOP rival, the intent to deceive is pretty clear.

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The Edwardian fabulist who stole from the British Museum and got a whole species declared erroneously extinct

Meet Richard Meinertzhagen, a fascinating and disturbing character from the golden age of Edwardian science. I first learned about him last weekend, reading the Extinction Countdown blog. Meinertzhagen was single-handedly responsible for convincing a couple generations of scientists that the Indian forest owlet was extinct when it actually was not. How?

Turns out, Meinertzhagen had a habit of stealing taxonomic specimens from museums, altering them, and then resubmitting them to different museums as his own discovery, complete with fabricated information about where and when he found the animal. His forest owlet, for example, was an 1884 specimen swiped from the British Museum of Natural History sometime after 1925. He later repackaged the bird as his own specimen, collected in 1914. The problem: Meinertzhagen claimed to have found the forest owlet in an Indian state where the owlets don't live. Later researchers, upon not finding any owlets in that state, concluded the birds must be extinct. This assumption wasn't disproven until 1997. But that's not even the weirdest stuff in Meinertzhagen's biography ...

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Porno copyright trolls Prenda Law fined $261K

Things aren't looking good for copyright trolls Prenda Law -- they've been ordered to pay $261K in opponents' fees, and the judge has made all three of Prenda's principles -- Paul Hansmeier, John Steele, and Paul Duffy -- jointly liable for the sum. He also called them liars. They're much worse than that. Cory 9

Experian sold consumer data to identity thieves' service


Experian, the massive data-broker with far-reaching influence over your ability to get a mortgage, credit-card, or job, sold extensive consumer records to an identity thieves' service called Superget.info. Superget specialized in supplying identity thieves with "fullz" -- full records of their victims, useful for impersonating them and for knowing where their assets are. Experian sold the data through a third part called "Court Ventures" -- which they later acquired -- and the sales continued for about a year. Experian bills itself as a service for people worried about identity theft. It's not clear whether Experian will face any penalty for the wrongdoing.

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Porno copyright troll John Steele accused of identity theft -- by his mother-in-law

John Steele is one of the shadowy figures behind the notorious porno-copyright-trolls Prenda Law, about whom we've written rather a lot, as they are a colorful bunch of grifters. Steele had previously been accused of stealing the identity of Alan Cooper, the caretaker of one of his properties, making him the CEO of one of the shell companies behind which Prenda hides.

But that identity theft is hardly as damning as the latest revelation: Steele's mother-in-law has accused him of forging signatures in the course of Prenda's dirty business.

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Porno copyright trolls Malibu Media sanctioned by court for "extortionate" tactic

Malibu Media is a notorious porno-copyright-troll, a company whose business-model is sending blackmail letters to Internet users threatening to sue them for downloading pornographic movies (and forever link their names to pornography) unless they pay up. They invented a particularly loathsome tactic that sets them apart from other pornotrolls: their blackmail letters make a point of mentioning extremely explicit pornographic titles associated with films that they have no interest in -- basically, a sideways way of implying that any legal action eventually taken against you will include a bunch of humiliating and embarrassing movie-titles, when nothing of the sort is possible, since they don't represent those rightsholders and can't take legal action on their behalf.

Finally, a court has seen fit to sanction Malibu for this tactic, after an amicus brief by the Electronic Frontier Foundation argued against it. The judge went so far as to call it extortion.

Mike Masnick points out that other copyright trolls like Prenda and Righthaven have flamed out after the courts caught on to their shady tactics and started issuing sanctions and ruling for defendants. We can only hope that this will be Malibu's (near) future.

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Trump "University" sued by New York state

Did you know that Donald Trump operates an institution of higher education?

The New York State attorney general’s office filed a civil lawsuit on Saturday accusing Trump University, Donald J. Trump’s for-profit investment school, of engaging in illegal business practices.The lawsuit, which seeks restitution of at least $40 million, accused Mr. Trump, the Trump Organization and others involved with the school of running it as an unlicensed educational institution from 2005 to 2011 and making false claims about its classes in what was described as “an elaborate bait-and-switch.”

It had a logo with a classy serif font and a heraldic lion and everything. The lion, according to Wikipedia, traditionally symbolizes bravery, valor, strength, and royalty, as it is regarded as the king of beasts.

Unsealed court-settlement documents reveal banks stole $trillions' worth of houses


Back in 2012, the major US banks settled a federal mortgage-fraud lawsuit for $95,000,000. The suit was filed by Lynn Szymoniak, a white-collar fraud specialist, whose own house had been fraudulently foreclosed-upon. When the feds settled with the banks, the evidence detailing the scope of their fraud was sealed, but as of last week, those docs are unsealed, and Szymoniak is shouting them from the hills. The banks precipitated the subprime crash by "securitizing" mortgages -- turning mortgages into bonds that could be sold to people looking for investment income -- and the securitization process involved transferring title for homes several times over. This title-transfer has a formal legal procedure, and in the absence of that procedure, no sale had taken place. See where this is going?

The banks screwed up the title transfers. A lot. They sold bonds backed by houses they didn't own. When it came time to foreclose on those homes, they realized that they didn't actually own them, and so they committed felony after felony, forging the necessary documentation. They stole houses, by the neighborhood-load, and got away with it. The $1B settlement sounded like a big deal, back when the evidence was sealed. Now that Szymoniak's gotten it into the public eye, it's clear that $1B was a tiny slap on the wrist: the banks stole trillions of dollars' worth of houses from you and people like you, paid less than one percent in fines, and got to keep the homes.

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Porno copyright trolls Prenda: expert says they pirated their own movies to get victims to download

The saga of porno-copyright-trolls Prenda Law (previously) just keeps getting more tawdry. Prenda is a mysterious extortionate lawsuit-threat-factory that claimed to represent pornographers when it sent thousands (and thousands!) of legal threats to people, telling them they'd get embroiled in ugly litigation that would forever tie their names to embarrassing pornography titles unless they paid hush money.

Their con has unraveled in a series of legal losses. Now, one of their victims has had an expert witness file an affidavit in First Time Videos vs. Paul Oppold, a case in Florida. The expert fields an astonishing accusation: Prenda Law's principle, John Steele, is the person who uploaded the infringing pornography in the first place, listing it on BitTorrent index sites with information inviting people to download it -- people whom he then sent legal threats to for downloading those selfsame movies.

Among other things, sharkmp4 seemed to be able to post these works on The Pirate Bay before the works were even mentioned anywhere else, and in at least one case, "sharkmp4" put a video up on The Pirate Bay three days before Prenda shell company Ingenuity 13 had even filed for the copyright. On top of that, the "forensics" company that Prenda uses -- which is supposedly run by Paul Hansmeier's brother Peter, but which had its domain registered and controlled by (you guessed it) John Steele -- apparently identified "infringements" almost immediately after the videos were placed on The Pirate Bay -- meaning they were likely looking for such infringement in conjunction with the upload.

At the end, however, Neville pulls together really damning evidence, tying together a website set up to distribute Ingenuity 13 porn films with the same exact IP address that was confirmed as being used by John Steele to log into his own GoDaddy account, highlighting how Steele -- or someone with access to his logins -- clearly has full access and control over Ingenuity 13 works. As you read through all of the evidence it appears highly likely that Steele is in control of Ingenuity 13, despite all his protests to the contrary.

As the filing notes:

Prenda Law's business structure is such that it is pirate, forensic pirate hunter, and attorney. It also appears that Prenda Law also wants to/has formed/is forming a corporate structure where it is: pornography producer, copyright holder, pornography pirate, forensic investigator, attorney firm, and debt collector. Other than the omission of appearing in the pornography themselves, this would represent an entire in-house copyright trolling monopoly- not designed to promote their own works for distribution and sale, but to induce infringement of their works and reap profits seen from mass anti-piracy litigation.

New Filing Presents Evidence That John Steele Uploaded Videos To BitTorrent Himself