financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Coincidence

November 27th, 2007 by reality

Right after using the analogy of picking up a lost wallet, I find out from the NY Times that the NYPD has been running a sting operation to catch people doing just that. Perhaps they should consider the more serious frauds in future.

At first, an epidemic of absent-mindedness seemed to have broken out.

One purse was found just sitting on a display shelf in the shoe department at Macy’s. Another one turned up downstairs, in Macy’s Cellar. Yet another rested on a chair in a Midtown McDonald’s, left by a woman who had stepped into the restroom.

In fact, all three items had been planted by police officers in plainclothes during the previous six weeks. And the three people who picked them up were arrested, and now face indictment on charges that could land them in state prison.

Posted in Rogues and Rascals |

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