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A friend briefly held a job keeping the books for a penis pill company. They offered a money back guarantee, didn't honor it, and then, when the credit card com
by cjlars 6y ago
A friend briefly held a job keeping the books for a penis pill company. They offered a money back guarantee, didn't honor it, and then, when the credit card companies locked their accounts for chargebacks, used a series of social security numbers from borderline mentally disabled "employees" to continue opening financial accounts to perpetuate the fraud.
Her didn't blow the whistle because he "didn't want to be a snitch". Because of that, several additional innocent people had their credit ruined, and gullible consumers were taken for millions or perhaps tens of millions of dollars.
I would really encourage anyone thinking of coming forward to do so. And I'd also encourage everyone else to celebrate the people who have come forward as witnesses.
- monksy 6y agoOh man. That's freaking terrible. I really don't like the idea of physical punishments for financial crimes. However, the people running that should be taken behind the shed.
- lxmorj 6y agoFinancial crimes can cause as much - or more harm than physical ones.
- gibolt 6y agoI really wish crimes not causing direct 'physical' harm were weighted appropriately. Execs and doctors driving the bulk of opioid deaths should absolutely be held accountable, especially for continuing after the outcome of their action was clear. Loan sharks, predatory colleges, quick eviction landlords, and so many other bad practices cause physical and mental stresses that destroy countless individuals' entire lives, and repeat.
- minerjoe 6y agoThis. I'm generally of the "it's the system, you can't blame the individuals" type of thinker, but truly, a few CEO's taken out back could truly help the situation. I would nominate the CEO of Merke and Monsanto, to start. Next in line would be the oil compainies such as Halliburton and ETP.
- sershe 6y agoI really don't understand why financial crimes need to be special. Anyone showing a pattern of illegal behavior involving casual disregard for the well-being and rights of obvious victims should be taken behind the shed. If anything, financial crimes require planning and organization, and consequently maintaining that utter lack of regard for others for a far longer duration, than a smash-and-grab, an assault or some other non-financial crime.
- rapnie 6y ago> I would really encourage anyone thinking of coming forward to do so. The problem with whistleblowing - especially for larger cases - is that with the choice to do so also comes the high probability to have your own life turned upside down or even completely ruined, and people know that. So many examples where whistleblower protection was severely lacking, and the whistleblower bears the consequences for life.
- cynusx 6y agoWhen it comes to accountants or financial controllers, having a track record of high integrity is actually a bonus for well-run companies. Procurement and financial controlling are both areas very sensitive to corruption and top management will be looking for high integrity people to hire in these places.
- snarf21 6y agoThe whistle blower awards are great but aren't always sufficient. How much would he have gotten for this? Enough to have his life turned upside down and moved to a different country? The awards also need to come with witness protection and other help. The bigger the fraud, the larger lengths people will go to fight it. Most people just want to get through the day and do their own thing. We need to over-incentivize and over-protect them to get more people coming forward. In the end, it is also way cheaper than the police/military complex we try to use to solve it now.