Founder sentenced to seven years in prison for fraudulent sale to JPMorgan
https://www.cnn.com/2025/09/30/business/charlie-javice-frank-sentenced-jpmorgan-intl
#HackerNews #Founder #sentenced #to #seven #years #in #prison #for #fraudulent #sale #to #JPMorgan
fraudulentactivities #prison #sentence #JPMorgan #businessnews #justice #system

Charlie Javice, the founder of a startup company that promised to revolutionize the way college students apply for financial aid, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of $175 million by greatly exaggerating how many students it served.
#fraudulent : using fraud; trickly
- French: frauduleux
- German: betrügerisch
- Italian: fraudolento
- Portuguese: fraudulento
- Spanish: fraudulento
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Subject: complaint about cargo-culting audiophools and the #marketers that exploit them
I saw a new #scam yesterday. Well, new to me. It's probably been around forever.
There are many, many #fraudulent products and ideas out there that target the self-described "audiophiles". And because such #audiophools never do double-blind tests, they always convince themselves of just how well the #scammy products work ("you are the easiest person for you to fool").
Examples of long standing:
Super-thick "oxygen-free copper" #cables for #speakers or #interconnects, being sold at 100x the price of regular cables.
Electrically shielded fiber-optic cables (!).
Paint pens to colour in the outer edge of CDs and DVDs.
Systems to run your equipment from #batteries so as not to contaminate them with that dirty mains #AC.
#Tubes / #valves instead of solid-state #amplification.
... and on and on.
Well, yesterday I was looking for some opamps (tiny little chips, used everywhere), and came across a place selling replacement #opamps for use inside stereo equipment. You can get perfectly good designed-for-audio opamps of good quality for a few bucks each. Upgrading your equipment to better opamps sometimes made sense in the 1970s, but not now. The ones used from the factory are fine.
But no, this one was selling fancy opamps, designed for *RF* use, not audio, which normally cost $10-20 each, in fancy little metal packages, for hundreds of dollars apiece.
"A fool and his money ..."
फर्जी श्रम कार्ड: हमीरपुर में 38 लोगों पर धोखाधड़ी का आरोप, रिकवरी शुरू#News #labor #scam #fraudulent #registration
https://rightnewsindia.com/fake-labor-card-38-people-accused-of-fraud-in-hamirpur-recovery-started/
Please report & block any #fraudulent #MutualAid posters because those spam scammers harm people like me - who are asking for help via mutual aid posts here. Please never donate to anyone before checking their profiles (including mine!). Please avoid donating to anyone who has zero posting history here. Please avoid donating to anyone who has ONLY mutual aid posts & not much else. Please forgive yourself(if you've been scammed) & learn how not to be scammed by fraudulent grifters who are playing upon peoples' compassion & abusing kind, caring folks for their own selfish & dishonest wants - not needs. Please keep helping people who are transparent & truly need mutual aid assistance.
After leaving #Congress to mount an unsuccessful bid for the US #Senate, #BillyLong worked with a firm that distributed the #pandemic-era employee retention #tax credit. That tax credit program was eventually shut down after then-#IRS Commissioner Daniel Werfel determined that it was #fraudulent.