http://uk.news.yahoo.com/uk-twins-charged-stock-fraud-020121337.htmlAm I the only one who finds this mildly amusing?...............
A pair of 16 year old lads, twins in fact, from Newcastle on Tyne, set up an online scam and defrauded American investors, including stock promoters, of an estimated 1.2 million U S dollars, plus at least an additional 1.86 million US dollars in fees from stock promoters, for their stock touting services.
I don’t know where these lads went to school, but where ever it was a whole lot of learning obviously took place. I mean, I can’t help thinking that those who deal and stocks etc, are pretty dumb, or the whole system is total crap, or the lads are pure genius.
The whole systems speaks of dishonesty and money grubbing. It's a learned thing! The stock market peeps should be hailing these twins as genius and leaders in the field. lol
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It is amusing. And it they are only remarkable because they got caught. Unless I read the article wrong, they served no jail time, nor will they. They took advantage of people's greed and more or less won.
ReplyDeleteI seriously doubt they learned any of this at school, so I'm guessing your your last sentence is probably a good explanation for how something like this can happen.
ReplyDeletelol.. yep, I thought so.........
ReplyDeleteIts hilarious, I commented on this story myself when it appeared on Yahoo News
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