I am no expert but I've seen movies, most of these bullet points apply to a great many prisons in the US at least, I'd guess.There is a good article about an inmate's 15-year experience in that prison here.
Amnesty International (not a big fan of them myself) filed the following points in their report about Fox Hill:
- Unacceptably overcrowded accommodation was evidenced in all prison units, seriously affecting the living conditions for inmates and the working conditions for staff. Cells were dark and fetid, and many prisoners slept on cardboard.
- Many prisoners are still subject to the degrading practice of slopping out while the prison still has inadequate plumbing and drainage system.
- With at least one death reportedly resulting from inadequate medical care, and several reported suicides at the prison, access to physical and mental health care in prison remains chronically lacking. There are high rates of infectious diseases including tuberculosis (TB). Prisoners suffering from AIDS, HIV or TB do not receive adequate medical care or drugs. The risk of cross-contamination for infectious diseases such as TB to other prisoners and prison workers is dangerously high.
- At the time of the visit there was only one full-time doctor for a population of over 1,000, and no psychiatrist. Psychiatric care is virtually non-existent.
- There have been repeated, unconfirmed, serious allegations of sexual abuse and rape which do not appear to have been adequately investigated by the authorities.
he incorporated a company, held bank accounts, bought assets, had employees, and handled client funds which were deposited from real money bank accounts (which he also stole)..I thought the idea about crypto was that they're far from the government reach?
Because being educated doesn't make you wise. It can make you arrogant though.Both his parents are law professors at Stanford and he has a degree from MIT. How did he manage to mess up so badly?
Greed and wrong upbringing I only guess. Smart people sometimes think they are too good to get away with things. So happy he got caught and may this be lesson to others.Both his parents are law professors at Stanford and he has a degree from MIT. How did he manage to mess up so badly?
Wonder how much longer this’ll be the case.Both his parents are law professors at Stanford and he has a degree from MIT. How did he manage to mess up so badly?
To be fair i think that applies to the majority of prisons in the world.There is a good article about an inmate's 15-year experience in that prison here.
Amnesty International (not a big fan of them myself) filed the following points in their report about Fox Hill:
- Unacceptably overcrowded accommodation was evidenced in all prison units, seriously affecting the living conditions for inmates and the working conditions for staff. Cells were dark and fetid, and many prisoners slept on cardboard.
- Many prisoners are still subject to the degrading practice of slopping out while the prison still has inadequate plumbing and drainage system.
- With at least one death reportedly resulting from inadequate medical care, and several reported suicides at the prison, access to physical and mental health care in prison remains chronically lacking. There are high rates of infectious diseases including tuberculosis (TB). Prisoners suffering from AIDS, HIV or TB do not receive adequate medical care or drugs. The risk of cross-contamination for infectious diseases such as TB to other prisoners and prison workers is dangerously high.
- At the time of the visit there was only one full-time doctor for a population of over 1,000, and no psychiatrist. Psychiatric care is virtually non-existent.
- There have been repeated, unconfirmed, serious allegations of sexual abuse and rape which do not appear to have been adequately investigated by the authorities.
To be fair he got away to the Bahamas didn't he? I dont know they had extradition deal.Greed and wrong upbringing I only guess. Smart people sometimes think they are too good to get away with things. So happy he got caught and may this be lesson to others.
he lives in the Bahamas and his company offices are thereTo be fair he got away to the Bahamas didn't he? I dont know they had extradition deal.
I was not aware of that too but I guess he had poor counsel on it. People like him probably surround themselves with advice that is inline with their own thinking!To be fair he got away to the Bahamas didn't he? I dont know they had extradition deal.
Oh. That's honestly new to me, I thought it's one of the safe havens like the Caymanhe lives in the Bahamas and his company offices are there
they do extradite to US
The Cayman Islands also have an extradition treaty with the US. It is a tax haven, though.Oh. That's honestly new to me, I thought it's one of the safe havens like the Cayman
I suspect that’s the case. Pure arrogance. He figured he’d cracked the system and then that he’d become powerful enough to be untouchable.Because being educated doesn't make you wise. It can make you arrogant though.
I have recently learnt that strong academics dont guarantee someone is going to be good at their job.Both his parents are law professors at Stanford and he has a degree from MIT. How did he manage to mess up so badly?
Yes, but it's the sort of scam that will come back in new forms, like sub-prime mortgages probably will.Can we just say crypto is a scam generally?
you can but it makes no senseCan we just say crypto is a scam generally?
Trading bits of paper for TVs and stuff sounds like a scam!you can but it makes no sense
scams are built using crypto just like scams are carried out in USD
is USD a scam?
are credit cards a scam? there is a lot of credit card fraud as well
Why would Stanford sack them? You can't sack people for law breaking they had nothing to do with.Wonder how much longer this’ll be the case.
I never said they'd sack them.Why would Stanford sack them? You can't sack people for law breaking they had nothing to do with.
So why would they no longer be there?I never said they'd sack them.
I'm not sure how these institutions work but if the board or whatever Universities have thinks it might damage their reputation you never know what might happen. Sacking would be difficult, costly and further harm Stanford's reputation so they may be offered early retirement to quietly move them out of the picture.*Why would Stanford sack them? You can't sack people for law breaking they had nothing to do with.
I guess but I'd want to be careful around law professors if I were Stanford.I'm not sure how these institutions work but if the board or whatever Universities have thinks it might damage their reputation you never know what might happen. Sacking would be difficult, costly and further harm Stanford's reputation so they may be offered early retirement to quietly move them out of the picture.*
*purely speculative, of course.
definitely.I guess but I'd want to be careful around law professors if I were Stanford.
I do think crypto as a concept itself is a fraud. Cryptos are just of unlimited supply so their long-term value is essentially zero, but people try to fool people into believing that Cryptos are of limited supply hence protect value of their assetsyou can but it makes no sense
scams are built using crypto just like scams are carried out in USD
is USD a scam?
are credit cards a scam? there is a lot of credit card fraud as well
what so you think there is unlimited bitcoin but we’ve all been duped?I do think crypto as a concept itself is a fraud. Cryptos are just of unlimited supply so their long-term value is essentially zero, but people try to fool people into believing that Cryptos are of limited supply hence protect value of their assets
you can create bitcoin 2.0, 3.0 (doge coin, ethereum...) and so on with almost no efforts. crpyto is worse then legal tender. states can irresponsibly issue currency, though they (those countries' people) would face inflation as a consequence.what so you think there is unlimited bitcoin but we’ve all been duped?
I don’t think I believe you
okayyou can create bitcoin 2.0, 3.0 (doge coin, ethereum...) and so on with almost no efforts. crpyto is worse then legal tender. states can irresponsibly issue currency, though they (those countries' people) would face inflation as a consequence.
the "issuers" of crypto can issue currency at virtually zero costs as they will.
Well USD frauds are insured against by the state/regulation so not really comparable.you can but it makes no sense
scams are built using crypto just like scams are carried out in USD
is USD a scam?
are credit cards a scam? there is a lot of credit card fraud as well
so all fraud is insured now? thats great!Well USD frauds are insured against by the state/regulation so not really comparable.
Well, it's a crime for one. Regulations exist which enable recompense.so all fraud is insured now? thats great!
i know but loads of fraud and crime exists in fiat currency which isn't insured so its a moot point as you knowWell, it's a crime for one. Regulations exist which enable recompense.
Example; last month my mother got scammed for £8k. Reported it, gave the information to the bank and the fraud squad. Three weeks later, money is returned.
If she had sent crypto rather than fiat, she ain't getting that back.
Fairi know but loads of fraud and crime exists in fiat currency which isn't insured so its a moot point as you know
because a currency or technology isn't a scam, how its used is
Yes but they are tax law professors and not compliance professor as some "fish" was promoting it for a long time.Both his parents are law professors at Stanford and he has a degree from MIT. How did he manage to mess up so badly?