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Fraud investigation is believing your lying eyes

bitsaboutmoney.com

11–20 of 221 posts

Re: Fraud investigation is believing your lying eyes

#11

> They will sometimes organize recruitment very openly, using the same channels you use for recruiting at any other time: open Facebook groups, Reddit threads, and similar. They will film TikTok videos flashing their ill-gotten gains, and explaining steps in order for how you, too, can get paid. > As a fraud investigator, you are allowed and encouraged to read Facebook at work. I tend to believe this, but it would be…

There are tons of these out there. In late 2024 there was the whole "Infinite money glitch" tiktok trend that was just check fraud. https://www.bbc.com/news/articles/c4gzp7y8e7vo

Good example, though my impression was that was a quasi-viral TikTok trend that caught up random fools, not organized fraud?

Re: Fraud investigation is believing your lying eyes

#13

Yeah, the fraud’s been around for a while and the Biden DoJ was investigating it. One of the guys got fingered trying to bribe a juror¹ but he stole half the bribe money. The politicization of the issue means that Democratic Party aligned people continually flag any reference to the scam on HN though. If anyone else said that someone broke in and stole all the records from a daycare days after it was accused of fraud…

[flagged]

I don't recall Brett Favre's scam in MS on HN

Re: Fraud investigation is believing your lying eyes

#16

> They will sometimes organize recruitment very openly, using the same channels you use for recruiting at any other time: open Facebook groups, Reddit threads, and similar. They will film TikTok videos flashing their ill-gotten gains, and explaining steps in order for how you, too, can get paid. > As a fraud investigator, you are allowed and encouraged to read Facebook at work. I tend to believe this, but it would be…

Here's a rap video, the entirety of which bragging about fraud against the government:

https://www.youtube.com/watch?v=K0ck7hTsug8

"I just been swipin' for EDD

Go to the bank, get a stack at least

This ** here better than sellin' Ps

I made some racks that I couldn't believe

Ten cards, that's two-hunnid large"

(For context, "EDD" is California’s Employment Development Department.)

Re: Fraud investigation is believing your lying eyes

#17

Patrick is too polite to mention it, but frauds work much better if the fraudsters are also fully integrated into the political machine of the people nominally investigating the fraud.

[flagged]

>cryptoracist

He hates cryptographers?

Re: Fraud investigation is believing your lying eyes

#18
> To the extent that Bits about Money has an editorial line on that controversy, it is this: if you fish in a pond known to have 50% blue fish, and pull out nine fish, you will appear to be a savant-like catcher of blue fish, and people claiming that it is unlikely you have identified a blue fish will swiftly be made to look like fools. But the interesting bit of the observation is, almost entirely, the base rate of the pond. And I think journalism and civil society should do some genuine soul-searching on how we knew—knew—the state of that pond, but didn’t consider it particularly important or newsworthy until someone started fishing on camera.

Does Patrick want to address the fact that this happened during school break and that Nick Shirley didn't prove much of anything?

Re: Fraud investigation is believing your lying eyes

#19
Under "In which we briefly return to Minnesota":

> And I think journalism and civil society should do some genuine soul-searching on how we knew—knew—the state of that pond, but didn’t consider it particularly important or newsworthy until someone started fishing on camera.

In... the same section where he cites all of the evidence the government has put together against the fraudsters. What is the issue? That these investigations should have been more prominently featured in the mainstream news? Would that have helped or hurt investigations?

> Of course, as the New York Times very carefully wordsmithed recently:

>> Minnesota officials said in early January that the state conducted compliance checks at nine child-care centers after Mr. Shirley posted his video and found them “operating as expected,” although it had “ongoing investigations” at four of them. One of the centers, which Mr. Shirley singled out because it misspelled the word “Learning” on its sign, has since voluntarily closed.

> An inattentive reader might conclude from this paragraph that the Times disputes Shirley’s reporting.

The New York Times is literally quoting what the Minnesota officials said. What were they supposed to do, add on "but a kid on YouTube says differently"?

I don't think the serious response to Nick Shirley's "journalism" is that there was no fraud; rather, it's that he came into the situation with a thinly veiled agenda and fed his audience exactly what they wanted to hear. Did his video make it more or less likely that we'll be able to investigate and resolve the fraud situation in MN? I guess that depends on how serious you think the laughably corrupt Trump administration is, but the fact that they seized on this as an excuse to send in 3000 ICE agents is not exactly promising.

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