crime

A Wealth of Idiocy

Owen Thomas · 12/26/08 11:49AM

What Bernie Madoff's $50 billion Ponzi scheme and other upper-class scandals of the season tell us: Staying rich is not as easy as it looks. Sometimes it requires incredibly dumb and desperate acts.

The Santa Massacre

Owen Thomas · 12/26/08 10:09AM

A laid-off California man dressed in a Santa suit opened fire on a Christmas Eve party at his in-laws' house and torched the building. Eight people died. "Naughty" doesn't begin to cover it.

A Few Words from a Fellow Fraudster

cityfile · 12/24/08 11:34AM

Bernie Madoff is facing a long stretch in prison for bilking investors out of $50 billion, and plenty of theories have been batted around as to what might have motivated Madoff to carry out his devious scheme. Was it just about the money? Did he feel any sense of shame as he ripped off hundreds of investors and non-profits? And will there be any sort of redemption for Madoff at the end of the day? To get a little perspective on what it's like to carry out a massive financial fraud, keep the scam going undetected for years, eventually get caught, and then account for the wrongdoing, we turned to someone who's been through all that (and more): Sam Antar, who, along with his cousin Eddie Antar, built Crazy Eddie into a electronics powerhouse in the '70s and '80s until the company came crashing down and the Antars were indicted on a variety of charges.

As Shoplifting Rises, Thieves Go High-Tech

cityfile · 12/23/08 08:16AM

As we've heard over the last couple of months, the recession has triggered a wave of crime and immorality. Today's Times confirms that shoplifting is on the rise, too, as people "are taking everything from compact discs and baby formula to gift cards and designer clothing." (The authorities say shoplifting is up 10 to 20 percent this year compared to last.) But the biggest criminal threat to retailers doesn't seem to be tragic individuals like the 25-year-old father of two who, after losing a job in a factory and then a job at McDonalds, tried to steal a $4.99 bottle of sleeping pills and is now awaiting trial. It's computers.

Paris Hilton Burglary is Paris Hilton's Fault

Kyle Buchanan · 12/22/08 01:49PM

While Paris Hilton's bedroom has no doubt seen its fair share of criminal action, rarely does it result in the heiress losing a whole $2 million.

Even Admitted Mobster Distancing Self From Blago

Ryan Tate · 12/20/08 11:00AM

Things are bad when even an admitted gangster is furiously distancing himself from you. Bob Abbinanti may have admitted to running mob gambling rackets, but don't you accuse him of knowing Rod Blagojevich!