The pilot of a Bombardier Challenger 604 executive jet has reported that his aircraft suffered "significant loss of altitude, abnormal flight attitudes and accelerations beyond the certificated flight envelope." Damage was substantial. It is reported that a large freighter passed at approved separation (the distance between two aircraft in flight) but that there was significant turbulence resulting. It is said that the freighter was an Airbus A380.
We even had difficulty deciding which section to put this case in: is it a Ponzi scheme? Well, sort of. Is it an investment fraud? Perhaps. Is it a document fraud, a "wire fraud" or accounting fraud? How about operating an unlicensed securities business, or an unlicensed investment business? One thing is certain: as soon as he claimed to have a "proprietary trading program," his victims should have run away.
Sometimes they robbed and sometimes they snatched. But they did identify and contact their targets through on-line advertising site "craigslist.com." Then they made an offer that any normal person would think was too good to be true. One has to feel sorry for victims of crime but sometimes one also has to point out that they were just a bit too stupid or greedy. Here's a lesson in why people should be cautious.
It's proof that no one, no matter how good, can guarantee that there are no IT security risks in their products. US-CERT, the US government body that reports risks discovered in products, has its usual raft of Adobe and Microsoft products in this week's list but there is a surprising entry: data security company F-Secure, a recognised leader in the field, has made an appearance, too.
AW.. it's so nice to see the hidden depths of affection that Trump and Merkel have for each other. Oh, wait, that might be something different. Let's listen into private chat that never actually happened between AngDon.
Regardless of whether Trump suffers from fake news, pre-election tv coverage in TV studios was amazing for the strong statements of false news made by guests on panels or in audiences. These are both hilarious and scary.
It's good when some novel conduct comes up: it helps FCROs and others avoid terminal boredom. One that's appeared in Australia might not be new but it's uncommon enough to be interesting - and it's carefully designed to be difficult to spot as it takes place within the ordinary course of business. For those in "all-crimes" jurisdictions, it's something new to try to watch out for.
The USA's Federal Reserve Board is planning to fine and issue prohibition orders against two former Managing Directors of J. P. Morgan Securities (Asia Pacific) Limited. It follows on from the Board's fining of the bank in November 2016. The offence? Excuse us while we choke on our own laughter: giving jobs to the boys. But they did it in China. On Wall Street, it's standard operating procedure, as it is across a wide range of industries in the USA. There are several matters of grave concern to Banks regulated by the Federal Reserve Board, both domestic and foreign.
New legislation introduced into New Zealand's parliament yesterday will plug some surprising holes in the country's counter-money laundering laws. But it's important to recognise that New Zealand has some special problems that, in essence, mean that this developed economy should be measured against developing economies when regulatory, etc. rules are considered, says Nigel Morris-Cotterill. The Bill contains one major foul-up, he says.