ST Alpha - "This is quite the court case. Dude loses $200M playing the commodities market. Scams Tyson food out of $240M to cover losses using fake cows." (Reading a Post)

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This is quite the court case. Dude loses $200M playing the commodities market. Scams Tyson food out of $240M to cover losses using fake cows.

Posted by decline (aka Decline) Apr 1 '21, 07:00

How did Tyson not send someone to check and verify their 200M in cows actually existed?

https://www.justice.gov/opa/pr/washington-man-pleads-guilty-244-million-ghost-cattle-scam (www.justice.gov)

Responses:

It took them four years to realise there were no cows. Four years. -- nm - mafic Apr 1, 07:04 5
- The scammer was very mootivated. -- nm - ty97 Apr 1, 07:16 4
  - do you feel good about yourself for this? - Pippy Apr 1, 07:33 3
    - I'm udderly pleased with myself -- nm - ty97 Apr 1, 07:55 2
      - Go ruminate about what you've done. -- nm - Baron on the Cairn Apr 1, 08:10
      - snork! -- nm - Pippy Apr 1, 08:08
He only stamped the requisition four times instead of the standard five. That should've sent up a red flag. -- nm - Baron on the Cairn Apr 1, 07:03 1
- Someone didn’t septuple-check it. -- nm - znufrii Apr 1, 07:05

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