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Was it a fake website or fake domain name?

In any case, I wouldn't have said "...went so far as to..."

     
9:16 pm on Mar 28, 2016 (gmt 0)

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News in the NYT today (link below) about an alleged fraud of millions says:
...Mr. Caspersen made up email accounts and invented employees and even went as far as to create a fake domain name, the authorities said.

I, as a reader, am confused and want to know more.
1. He didn't register a domain? (OK, probably smart if he's going to use it to commit fraud.)
2. Or, was it a real domain name to a fake enterprise?
3. Or, was it a real domain name on fake enterprise that forwarded to a real enterprise?
4. Something else?

In any case, whichever it was, it's not THAT impressive a move so as to say "...went so far as to..." If that is your measure of criminal sophistication, then... I have a bridge....

It was sophisticated. The article ends with this note:
By March 18, the authorities said the account to which the hedge fundís foundation had wired its $25 million had a balance of about $40,000.

One wonders how many get away with this by simply making a few dollars off their illicit starter funds and paying up when asked for the nut?
Here's the link:
[nytimes.com...]
9:38 am on Mar 29, 2016 (gmt 0)

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Here's the thing that gets me: This guy was already wealthy and didn't need the money, he just wanted it. Some call that greed. It appears on the face of it to be fraud.

Was he sophisticated enough to register websites and domains? I would have thought so as it's so easy to do these days. You don't need anyone with web design knowledge or domain knowledge, and I would imagine that the domain and site was pulled immediately.

Investors, you would have thought, would have looked closely. I know I would.

Who really knows why, eh!
10:25 am on Mar 29, 2016 (gmt 0)

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I, as a reader, am confused and want to know more.
1. He didn't register a domain? (OK, probably smart if he's going to use it to commit fraud.)
2. Or, was it a real domain name to a fake enterprise?
3. Or, was it a real domain name on fake enterprise that forwarded to a real enterprise?
4. Something else?


In the complaint [scribd.com] it implies it was a domain used for emailing (presumably something close to the company's real domain name):

Later that day, a representative of Firm-3 (Individual-1's employer) informed Individual-1 that the domain name of the Email Address had been registered that same morning, approximately 20 minutes after Individual-1 requested a telephone call with Individual-3, and that the domain name was not the same as Firm-1's actual domain name. Individual-1 also was told that a representative of Firm-3 had called Firm-1's New York office and was told that no one named Individual-3 worked at Firm-1.
12:48 am on Mar 30, 2016 (gmt 0)

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Whoa Andy, good work! Impressive. But I had a glass of wine with dinner tonight so I will get to the Scribd link later. Thanks.

After Bernie Madoff, a touch of due diligence with $25 million might be wise, eh, engine? I can see you suggesting this at the foundation board meeting and everyone rolling their eyes... Silly man...
2:07 pm on Mar 30, 2016 (gmt 0)

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Yeah, @weeks, the wife has those conversations with me all the time over my beer budget. ;)