Daily Archive: June 3, 2012

2 accused in $500M Illinois financial fraud case 0

2 accused in $500M Illinois financial fraud case

“In one of their largest financial-fraud cases ever, federal prosecutors in Chicago announced charges Friday againt the former CEO and head trader at a now-bankrupt cash-management firm accused of defrauding more than 70 customers out of more than $500 million. Former Sentinel Management Group Inc. CEO Eric Bloom, 47, of Northbrook, and Charles Mosley, 48, of Vernon Hills, are accused of misappropriating customers' securities by using them as collateral for a loan received from the Bank of New York Mellon Corp., according to the U.S.

'Lakshmi Gold' Online Slot Gambling Game Withdrawn After Hindus Protest 0

'Lakshmi Gold' Online Slot Gambling Game Withdrawn After Hindus Protest

“sle of Man headquartered company Playtech has reportedly withdrawn its recently launched Hindu goddess Lakshmi themed online slot game titled Lakshmi Gold, which upset Hindus. Hindu statesman Rajan Zed, who spearheaded the protest, calling identifying of slot gambling with Hindu deities as highly inappropriate, has thanked and commended the company for showing responsibility, respect and maturity by taking quick action and for having an understanding for the hurt feelings of worldwide Hindu community.

Stuxnet: Tsunami of Stupid or Evil Genius? 0

Stuxnet: Tsunami of Stupid or Evil Genius?

“By now you probably have read The NY Times piece Obama Order Sped Up Wave of Cyberattacks Against Iran and if you follow me on Twitter a number of stabby tweets. Countless hours have been spent on STUXNET and I won't rehash it all – all the technical details, actors, decisions, etc. have been guessed at some point and confirmed completely or in-part with today's NYT's piece