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(The Wire)   Kid barely out of high school manages to scam Facebook out of nearly half a million dollars. Has to be quite a dilemma for Mark Zuckerberg: prosecute him or become his mentor?   (thewire.com) divider line 34
    More: Interesting, Facebook, high schools, mentors, half, dollars  
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5907 clicks; posted to Geek » on 23 May 2014 at 9:38 PM (16 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



34 Comments   (+0 »)
   
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DAR [TotalFark]
2014-05-23 01:33:39 PM
He's going to jail for wire-fraud !!!!! ......
 
2014-05-23 07:16:45 PM
He better hope he keeps that cold sore, otherwise he's going to end up with a purdy' mouth.
 
2014-05-23 07:58:13 PM

real_headhoncho: He better hope he keeps that cold sore, otherwise he's going to end up with a purdy' mouth.


That shouldn't stop most of 'em. Kids gonna grow up quick.
 
2014-05-23 10:06:54 PM

DAR: He's going to jail for wire-fraud !!!!! ......


I see a bear market in his future.

funny-pictures-blog.com
 
2014-05-23 10:12:10 PM
Scamming people for large sums of money: Easy
Getting away with it: Moderately hard
Getting over yourself enough to quit while you're ahead: Very hard
 
2014-05-23 10:20:39 PM
...told his school newspaper that money drives me "completely".Oh, so you're a useless asshole, then.
 
2014-05-23 10:21:16 PM
Italic and LF fail.
 
2014-05-23 10:26:13 PM
#winning
 
2014-05-23 10:42:41 PM
He's a sociopath and sending him to white-collar prison isn't going to fix him.
 
2014-05-23 10:56:35 PM
Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?
 
2014-05-23 10:59:14 PM

poot_rootbeer: He's a sociopath and sending him to white-collar prison isn't going to fix him.



Pretty much.
 
2014-05-23 11:12:31 PM

poot_rootbeer: He's a sociopath and sending him to white-collar prison isn't going to fix him.


Throw him in with the crotch biters. That'll learn 'em.
 
2014-05-23 11:18:32 PM
Why would this kid want a loser like Zuckerberg to mentor him? Took Z years of running Facebook in order to make any sort of profit. This kid's already way ahead of the game.
 
2014-05-23 11:18:53 PM

anwserman: Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?


Besides the illegal things he did, isn't what he did legal? :-)
 
2014-05-23 11:22:06 PM

anwserman: Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?


The guys stealing cars and selling them on the street are basically acting as a middleman for automobiles?
 
2014-05-23 11:35:13 PM

anwserman: Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?


He bought the ad space on credit and never intended to pay up, so it's outright theft.
 
2014-05-23 11:38:54 PM

buckler: ...told his school newspaper that money drives me "completely".Oh, so you're a useless asshole, then.


He's got a great future on Wall St.
 
2014-05-23 11:44:11 PM

neon_god: anwserman: Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?

He bought the ad space on credit and never intended to pay up, so it's outright theft.


That and he lied about representing various companies, so those companies could file suit for fraud and damaging their reputation, etc.
 
2014-05-24 12:06:01 AM

strangeluck: neon_god: anwserman: Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?

He bought the ad space on credit and never intended to pay up, so it's outright theft.

That and he lied about representing various companies, so those companies could file suit for fraud and damaging their reputation, etc.


Spending money on lawyers for damages that are very difficult to prove and even harder to collect if you do happen to win.  Shareholders might have a problem with that
 
2014-05-24 12:34:59 AM
Nip him in the bud before he becomes a fully-grown banker or advertising executive. The pups might seem cute, but when they grow up you'll wish you'd culled them before they ate all your chickens.
 
2014-05-24 12:54:32 AM

Nix Nightbird: Nip him in the bud before he becomes a fully-grown banker or advertising executive. The pups might seem cute, but when they grow up you'll wish you'd culled them before they ate all your chickens.


I'm now hungry for yardbird.
 
2014-05-24 12:56:10 AM
His real crime is not being too big to jail.

/jpmorgan hsbc and the rest might wanna look into hiring this guy
 
2014-05-24 12:59:37 AM

Nix Nightbird: Nip him in the bud before he becomes a fully-grown banker or advertising executive. The pups might seem cute, but when they grow up you'll wish you'd culled them before they ate all your chickens.


Are you suggesting we euthanize Zuckerburg?
 
2014-05-24 01:02:20 AM

TDBoedy: His real crime is not being too big to jail.

/jpmorgan hsbc and the rest might wanna look into hiring this guy


G-Sachs 4 Life.
 
2014-05-24 01:11:29 AM

anwserman: Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?


Reselling the ad space probably isn't illegal (though it's probably a breach of contract with Facebook).

The illegal thing he did was buy the ad space on credit and never intended to pay for it. Even the fact that he hasn't paid for the advertising probably isn't illegal, but the willful misrepresentation is fraud.

For example, if you default on your home mortgage, it isn't a crime. If you take out a mortgage and run with the money, that's fraud.
 
2014-05-24 01:24:20 AM

The My Little Pony Killer: Why would this kid want a loser like Zuckerberg to mentor him? Took Z years of running Facebook in order to make any sort of profit. This kid's already way ahead of the game.


The kid made $350,000 in about four years, per the article.  He could have just gotten an engineering degree and worked - the benefit there is you actually get to keep the money AND stay out of prison.
 
2014-05-24 01:39:09 AM
I see Republican campaign work in his future. Someone in Texas will forgive him and put him on the team.
 
2014-05-24 01:45:43 AM
Did anyone do a background check to see what happened to his pets when he was a child?  Because he sounds like the kind of douche who would strap his dog to the roof of his car.
 
2014-05-24 02:20:42 AM
I am finding it difficult to care that he took Facebook for what, seven or eight minutes of revenue?

No, wait, I just decided that I really don't care.
 
2014-05-24 02:50:42 AM

Archie Goodwin: buckler: ...told his school newspaper that money drives me "completely".Oh, so you're a useless asshole, then.

He's got a great future on Wall St.


I was thinking D.C.
 
2014-05-24 05:00:42 AM

Sum Dum Gai: The My Little Pony Killer: Why would this kid want a loser like Zuckerberg to mentor him? Took Z years of running Facebook in order to make any sort of profit. This kid's already way ahead of the game.

The kid made $350,000 in about four years, per the article.  He could have just gotten an engineering degree and worked - the benefit there is you actually get to keep the money AND stay out of prison.


I think you are drastically overestimating how much effort it would take for him to pull this off.  From what I can gather, this was a 'on the side' business.  He was still attending college full-time.  Had he gone the engineering route - he'd have made peanuts until he had completed his degree, and then in major metropolitan areas - he *might* have landed an 85-90k job.  That still would have been well above the median starting salary for whatever degree he did.  He'd probably start closer to 65-70k and in a few years, sure, he'd make 90k.  But he'd be doing typical, boring, every day sort of work.  He'd have a manager, and a start time, and he'd have to be at work 45 hours per week (with a lunch break thrown in).

Admittedly, it didn't work out so great in the long run, but we're comparing 350k of part-time work, over ~4 years to *maybe* 350k of full-time effort for eight years (four to finish college + four years working).
 
2014-05-24 06:24:25 AM

anwserman: Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?


Besides killing that person and chopping up his body into easily disposable bits, isn't what he did legal? Basically throwing trash away?
 
2014-05-24 12:14:02 PM

YodaBlues: anwserman: Not to sound dumb...
Besides the fraud and faking his identity, isn't what he did legal? Basically acted as a middle man for advertising?

Besides killing that person and chopping up his body into easily disposable bits, isn't what he did legal? Basically throwing trash away?


hyperbolic examples.  But had he represented himself truthfully and paid bills in time, shouldn't had this been legal?  Obviously not as profitable though...
 
2014-05-24 12:58:39 PM

anwserman: hyperbolic examples.  But had he represented himself truthfully and paid bills in time, shouldn't had this been legal?  Obviously not as profitable though...


Had he represented himself truthfully, Facebook enver would have opened those advertising accounts with him.

He was leading the life of an e-Wolf of Wall Street, complete with a rented orange Lamborghini and YouTube videos boasting about successful trades.

Just another clueless person who thinks the pursuit of wealth above anything else is the key to happiness.
 
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