Alphane_Moon@lemmy.world
on 24 Aug 2024 11:24
nextcollapse
Funny how low-level crooks get hammered hard when they get caught, but you never hear of big fish running more sophisticated schemes (like those American bank executives who ordered their unit to make fake client accounts without their permission to hit some KPI bonus) getting even a slap on wrist.
Tinidril@midwest.social
on 25 Aug 2024 09:27
collapse
It was Wells Fargo, and he was actually fired under threat from Congress led by Elizabeth Warren. The board replaced him with his chosen successor who had also been implicated and Congress actually stepped in again to force the replacement out. It would be nice to see them charged with something, but there is really no evidence that they actually broke the law themselves, they just created the massively over-competitive environment that made some desperate workers into criminals.
It’s not the justice I would want, but “slap on the wrist” seems like an accurate description.
Fontasia@feddit.nl
on 24 Aug 2024 12:02
nextcollapse
Reminds me of Samuel Israel who got scammed by a con artist out of an entire investment fund
He didn’t get jail time for falling for a scam, he got jail time for stealing people’s money.
downpunxx@fedia.io
on 24 Aug 2024 14:24
nextcollapse
it's the passive multiple felonies, don't you know, lol
Bakkoda@sh.itjust.works
on 24 Aug 2024 18:13
nextcollapse
Nefarious Black hat hacker peoples dupe unsuspecting Bank CEO with elaborate crypto scam
bitofhope@awful.systems
on 25 Aug 2024 10:07
collapse
Yes, but stealing people’s money is just a normal banker crime. Falling for a scam should be more embarrassing. That’s what they’re supposed to make other people do.
threaded - newest
Funny how low-level crooks get hammered hard when they get caught, but you never hear of big fish running more sophisticated schemes (like those American bank executives who ordered their unit to make fake client accounts without their permission to hit some KPI bonus) getting even a slap on wrist.
It was Wells Fargo, and he was actually fired under threat from Congress led by Elizabeth Warren. The board replaced him with his chosen successor who had also been implicated and Congress actually stepped in again to force the replacement out. It would be nice to see them charged with something, but there is really no evidence that they actually broke the law themselves, they just created the massively over-competitive environment that made some desperate workers into criminals.
It’s not the justice I would want, but “slap on the wrist” seems like an accurate description.
Reminds me of Samuel Israel who got scammed by a con artist out of an entire investment fund
He didn’t get jail time for falling for a scam, he got jail time for stealing people’s money.
it's the passive multiple felonies, don't you know, lol
Nefarious Black hat hacker peoples dupe unsuspecting Bank CEO with elaborate crypto scam
Yes, but stealing people’s money is just a normal banker crime. Falling for a scam should be more embarrassing. That’s what they’re supposed to make other people do.