Live and recent posts from across the Fediverse tagged #corporatecrimes, aggregated by home.social.
Breaking: Data centre operator pulls share market float due to lacking investor demand
By Nassim Khadem and Lin Lin
The company searching for private funding as IPO gets pulled just a day after it closed its books to investors.
#StockMarket #DataCentres #AI #PersonalInvesting #CorporateCrimes #NassimKhadem #LinLin
Major share market float of Firmus in trouble as interest wanes
By David Taylor
The company is reportedly having to price its shares lower as it closed its books to potential investors abruptly overnight.
https://www.abc.net.au/news/2026-10-08/firmus-ipo-underwhelms-before-it-hits-the-market/107241548
#StockMarket #DataCentres #AI #CorporateCrimes #PersonalFinance #DavidTaylor
US sanctions Fijian businessman over alleged corruption tied with China
By Stephen Dziedzic, Lice Movono, and Libby Hogan
The US has banned a Chinese Fijian businessman accused of being a member of a criminal network with ties to the Chinese government.
#LawCrimeandJustice #Corruption #WorldPolitics #CorporateCrimes #StephenDziedzic #LiceMovono #LibbyHogan
Woman cleared of murdering adult children convicted of fraud offence
By Talissa Siganto
The judge told the court her fraud offending was serious and involved "sustained dishonesty".
https://www.abc.net.au/news/2026-10-06/qld-maree-crabtree-fraud-offences/107233682
From prison to billionaire data centre operator, the incredible story of Oliver Curtis
By Ian Verrender
He went to prison for insider trading but Oliver Curtis is about to be the source of one of Australia's largest share market floats.
https://www.abc.net.au/news/2026-10-03/the-incredible-story-of-oliver-curtis/107222356
#StockMarket #DataCentres #CorporateCrimes #AI #AIEthics #IanVerrender
Met recommends charging 54 people, 20 organisations over Grenfell blaze
By Mazoe Ford and Syan Vallance
Almost a decade since London's Grenfell Tower fire disaster, police have asked prosecutors to consider charging 54 people and 20 organisations over the blaze, which killed 72 people.
https://www.abc.net.au/news/2026-09-30/grenfell-tower-police-recommend-dozens-of-charges/107198342
Record jail sentence for Israeli money launderer after Sydney trial
By Julian Fell
Shabtay Yaacoby, 56, was sentenced today for laundering more than $50 million in scam funds.
Daughter of 'notorious' fugitive Sydney developer avoids jail for fraud
By Nabil Al-Nashar and Rhiannon Soliman-Marron
Ashlyn Nassif has been sentenced to a six-month community corrections order with no supervision after pleading guilty in June to publishing false misleading material to obtain advantage.
#CorporateCrimes #Courts #NabilAlNashar #RhiannonSolimanMarron
'It's not possible to eliminate risk', but new ASIC boss is trying to limit it
By Ian Verrender
ASIC is keeping a close watch on Australia's 'permissive investment regime'.
#BusinessandIndustryRegulation #RegulatoryAuthorities #CorporateGovernance #CorporateCrimes #IanVerrender
#OwenJones provides clear evidence the majority of americans do not support the blatant #genocide their taxpayers money is funding in #palestine & elsewhere.
these are #StateCrimes & #CorporateCrimes on a global scale driven by #capitalism & #hierarchy.
Man convicted for $15k spend on stolen credit cards 'likely' from dark web
By Jackson Byrne
A Riverland man has been sentenced for using stolen credit cards "likely" from the dark web to purchase almost $16,000 worth of merchandise from Bunnings.
#Courts #DrugOffences #CorporateCrimes #Drugs #Police #LawCrimeandJustice #Crime #JacksonByrne
Albanese dinner host's family fortune linked to corruption scandals involving relatives
By Echo Hui
The fortune of Australian billionaire Phillip Lee, whose son recently hosted a dinner attended by Anthony Albanese, has been linked to major corruption scandals involving relatives in China.
#GovernmentandPolitics #BusinessEconomicsandFinance #CorporateCrimes #TaxEvasion #Courts #Corruption #Bribery #EchoHui
Money trail from fake ABC articles leads to international fraud network
By Julian Fell
An Australian e-learning website was used as a front for scammers selling fraudulent investments, an ABC investigation reveals.
https://www.abc.net.au/news/2026-08-20/fake-abc-scam-money-trail-leads-to-global-network/106895388
#ScamsandFraud #CorporateCrimes #ConsumerProtection #JulianFell
Marvel Studios faces super-sized fine after Comic-Con
Two-tier system... if you're homeless and in a tent, the cops harass you, trash all your belongings, and hound you away.
But if you're a advertising contractor for a multi-billion dollar corp, you can keep ignoring the city, install a structure, and nothing happens to stop it. The fine will be pitifully small relative to the profits.
Prosecutors gather volumes of evidence against Gold Coast developer
By Mark Rigby
David McWilliams is facing 13 criminal charges relating to the alleged misuse of $10 million slated to build disability accommodation.
#DemocraticSocialism Is the Compromise Position
Given our scale of #inequality, the #egalitarian reforms of democratic socialism are only the start of what we should strive for.
Kyle Schmidlin, Jul 31, 2026
Excerpt: "Reforming the #SecondGildedAge
"Whether or not one agrees with such ideas, it’s a discussion that free people are within their rights to have. Though we often treat #capitalism as a national religion, there’s nothing sacred about it. Even the US Constitution is surprisingly agnostic on questions of economic organization. It’s not encoded in our DNA—in fact, we are much more naturally inclined toward cooperation than competition. Humans have a virtually infinite number of ways we can arrange society, and we are in desperate need of rethinking ours.
"Because for the last few decades, the American economy has grown ever more off-balance, to the point where many analysts now say we’re in a second #GildedAge. We recently minted the world’s first trillionaire, while about half of us would be wiped out by any major illness, accident, or job loss. Workers have lost power, essentials like housing and healthcare are increasingly out of reach, and practically all the gains of our productivity have been accumulated at the very top, with #corporations posting record profits. #Billionaires are multiplying their wealth faster than ever, building anti-revolution doomsday bunkers, and plotting to rule their own fiefdoms as #CEOKings.
"We live in a society that’s obsessed with law and order for things like #shoplifting or overstaying a visa, but largely looks the other way on #CorporateCrimes like #pollution, #WageTheft, and #fraud—not to mention #WarCrimes and #genocide. The president is a convicted felon who wants you to ignore his decades-long friendship with a child sex trafficker and instead fear and hate the immigrant next door.
"In such a system, elites should feel relieved that people are only demanding, say, a few public options for groceries, rather than revolting. The wealthy surely all took note of the public reaction to #LuigiMangione, who is accused of murdering United Healthcare CEO Brian Thompson on the streets of New York City. Mangione became a cultural icon who was openly celebrated in many circles, making clear the rage simmering within America’s dispossessed.
"There’s a reason the progressive California Rep. #RoKhanna refers to a tax on wealth as an #AntiRevolution tax, or an attempt to save capitalism from itself. Progressive Democrats like Khanna often mediate between capitalist centers of power and the party’s left-wing base, who largely feel fed up with the party’s incremental approach of making small tweaks here and there. Democratic socialism, as practiced in today’s America, is still essentially incrementalism, but they’re much bigger increments.
"Such a model works well in places like #Finland, #Iceland, and #Denmark. These countries have high taxes, but they get far more out of them than we do. As a result they are consistently ranked as the happiest countries on Earth, with excellent numbers for education, homelessness, poverty, healthcare, life expectancy, and infant mortality—all areas in which the US, with its profit-first approach to every problem, is lagging behind.
"#HighTaxes and a mixed economy also once worked well in the #UnitedStates. We dug ourselves out of the #GreatDepression with the #NewDeal. Government programs brought electricity to rural areas and established safety nets and Social Security. Our middle class boomed after World War II, when taxes were the highest they’ve ever been.
"#Republicans and #BigBusiness called that #socialism, too. They even conspired to overthrow President Franklin D. Roosevelt. Now, faced with another socialist menace, they’re playing just as dirty."
Read more:
https://www.commondreams.org/opinion/democratic-socialism-compromise
#TaxTheRich #WealthTax #DSA #RedScare #USPol #WorldPol #CorporateColonialism #EpsteinClass
I fucking hate tip culture.
It is yet another method where rapacious businesses with shitty business plans offload responsibility onto the public via tipping and tax-provided welfare programs (which are inadequate and the selfsame fuckers don't pay the taxes and constantly lobby for as low a personal tax rate as possible).
That's why I don't tip in cultures that don't have it but tourists are starting to push it in that direction: MAKE EMPLOYERS PAY. You can pass it on in your prices, but PAY YOUR WORKERS YOU SLEAZY FUCKS.
Re last boost: Starbucks has this fucking awful (for those of us raised Catholic, anyway) thing where the employee now hands you the POS machine which asks you if you want to tip.
I asked the employee if they get the tip. They said Starbucks takes 50%.
So Starbucks makes employees go thru this process (whereas before they'd just use your card to ring up the sale inside the window) and they don't even get the whole tip.
How many locations does Starbucks run? How much profit does it make? How much would it be able to pay employees a GOOD wage with benefits out of what they take in?
Aurora's single largest water user has refused to cut back, despite drought restrictions
Lawn landscaping at the bottler is the dingleberry on the shit cake, emphasizing that appropriate native plants would have been better landscaping choices. The lawn looks like shit, no one is playing on it, it's a waste of space. Whereas even during a drought, appropriate native species would probably be slugging it out, providing habitat for local species and something better to look at than a brown lawn.
https://www.youtube.com/watch?v=oEneH4ePNxo #Colorado #CorporateCrimes #Drought #ClimateEmergency
KPMG the latest example of accountants being unaccountable
By Ian Verrender
Bean counters have historically been viewed as dull, dull, dull. But since the turn of the century, accounting scandals have come thick and fast in Australia.
https://www.abc.net.au/news/2026-06-18/kpmg-scandals-in-accounting/106810630
#CorporateGovernance #ScamsandFraud #CorporateCrimes #IanVerrender
Maryland becomes 1st state to ban 'dynamic pricing' in grocery stores (and food delivery)
https://www.youtube.com/watch?v=ITROfCXUIWM #Law #USpol #CorporateCrimes
Pulitzer Prize winner: US companies enabled brutal mass detention and surveillance in China
"The expansion of government surveillance efforts in China — and the role that U.S. tech firms played in it — was the foundation of investigative stories from The Associated Press that won a Pulitzer Prize Monday for international reporting."
https://www.youtube.com/watch?v=vGYd6emyk-0 #Surveillance #CorporateCrimes
"Suspected works within the Pishë Poro-Nartë protected area have raised the alarm about another clash between development, the law and efforts to preserve the few areas of environmental importance in Albania.
Images published on Thursday by the Albanian Ornithological Society (AOS) show heavy equipment and field interventions in one of the most important habitats for birds in our country."
https://citizens.al/en/2026/05/01/Construction-site-in-Pishe-Poro-Narte--organizations-denounce-unauthorized-works/ #Albania #CorporateCrimes
As I pay for more and more GB on an eSim because I can't get the hotel's free wifi to work in a non-invasive way, I think of how much we are all paying to subsidize our own data-mining.
Every bloated web page, every nosy app...it's all taking up more bandwidth *we* have to pay for.
Patients ‘at serious risk’: State officials find several violations at Mochi-run pharmacy
Features interview with UW chem student who was working there and thought they were getting lab experience.
https://www.youtube.com/watch?v=vv9qI8FjU7g #Washington #Healthcare #CorporateCrimes
The ghost farms choking Greece’s coastline
https://www.youtube.com/watch?v=oql91FvBr8k #Pollution #CorporateCrimes
GrubHub "outsourced" delivery work to skirt NYC's worker protection laws.
I'd love to see food businesses having deliveristas as direct employees again.
https://www.youtube.com/shorts/Tom5V75Ek_E #CorporateCrimes #WageTheft #BikeTooter #NYC
@ai6yr It is because corporations are not held accountable for this shit, nor are individual leaders at corps who sign off on this or cause it to happen in jail that we keep having innocent people dying on the streets anyplace these things are. #CorporateCrimes
https://www.europesays.com/ch/27908/ Monopolies like Nestlé Used COVID to Discredit Breast Milk: Study #CorporateCrimes #Nestlé
Mayor Zohran Mamdani Makes a Housing-Related Announcement
NYC has a $2.1M settlement with A & E Real Estate, also requiring repairing violations.
4000 building code violations, etc.
https://www.youtube.com/watch?v=QuptIH1NheY #NYC #Housing #CorporateCrimes
Mayor Zohran Mamdani Announces New Enforcement Actions Against Predatory Delivery Apps
https://www.youtube.com/watch?v=JGdCR7hf7S8 #NYC #BikeTooter #Law #CorporateCrimes
After 20 years missing in action, ASIC has found its teeth
By Ian Verrender
After 20 years in the wilderness, the Australian Securities and Investments Commission's rehabilitation as a law enforcement agency seems almost complete.
https://www.abc.net.au/news/2025-12-30/asic-the-tiger-that-found-its-teeth/106170504
#RegulatoryAuthorities #Businesses #FinancialServices #CorporateCrimes #Banking #IanVerrender
@ai6yr People loved hearing how superior they were to creatives "underwater basketweaving"... So easy to buy their cooperation in their own eventual undoing.
All you have to do is see how eager everyone is to use images, VO, and music when they don't have to pay for it. Network media even does it and they have plenty of $ to pay, so it's not like it only happens among those who couldn't otherwise afford to pay creative laborers. #WageTheft #CorporateCrimes
Gen AI, the proof that many workers wouldn't stand by workers who happen to create illustrations, photos, videos, animation, voiceover, music, etc. And by allowing their envy of creative workers to be used to keep creative workers down, they therefore opened the door to losing their own jobs.... #WageTheft #CorporateCrimes
All of other people's work that's been stolen.
I hit a video on YouTube which sounded like a human voiceover, but when it said, "One Thousand Nine Hundred and Seventy-Six" for 1976, I knew it was more AI theft. #FuckAI #WageTheft #CorporateCrimes
"Large language models like ChatGPT infringe on German authors' rights laws if they use song lyrics in their responses without having paid license fees for them, a Munich court ruled on Tuesday.
Judge Elke Schwager at the Munich District Court I said that OpenAI, the US company that owns ChatGPT, would be charged damages for the unauthorized usage. She did not specify a sum." #CorporateCrimes
https://www.dw.com/en/openai-loses-song-lyrics-copyright-case-in-german-court/a-74698240
Wisconsin artist fights major retailer over 'Spooky Scoops' Halloween design
https://www.youtube.com/watch?v=wKUWkm6tvAc #Theft #Art #CorporateCrimes
If authorities hadn't already been so permissive around the "move fast, break things" approach...
I wish these AI scraper fucks had to pay not just for every creator's work they've stolen, damages for stealing it and not getting consent, but pay for every website whose resources they've hogged, and every energy grid they've abused.
Stop these fucks now and forever. #CorporateCrimes
Just by reading an LA Times story now, you supposedly agree to this.
#CorporateCrimes #Law #USpol #Antitrust #Journalism