#moneyscam — Public Fediverse posts

In case anyone was doubting the importance of the Consumer Financial Protection Bureau (CFPB):

As a result of its lawsuit, Chase will make it harder to use their Zelle app for scams.

"The company also says it may request more information when you add a payment recipient to Zelle, including the purpose of your payment, how you contact this person, and “other details [...]""

https://www.theverge.com/news/614311/chase-zelle-block-social-media-transactions

#news #USNews #banks #chase #zelle #cfpb #finance #scam #MoneyScam

This makes sense of my observations but I'd never tied it up like this: "...a huge number of our leaders are essentially stealing money, but they can't withdraw the money directly, so they have to spend the organization's capital on expensive nonsense to purchase status then convert that status into a better salary somewhere else at a really, really bad exchange rate. It really is embezzling without the charm of efficiency. We'd be better off letting them withdraw $1M instead of forcing them to spend $30M so that your competitor offers them a $1M raise."
https://ludic.mataroa.blog/blog/brainwash-an-executive-today/
#CEO #moneyscam #status #corporations #anthropology #inequality

"...a huge number of our leaders are essentially stealing money, but they can't withdraw the money directly, so they have to spend the organization's capital on expensive nonsense to purchase status then convert that status into a better salary somewhere else at a really, really bad exchange rate. It really is embezzling without the charm of efficiency."
https://ludic.mataroa.blog/blog/brainwash-an-executive-today/
#corporations #status #MoneyScam