I'm confused by the responses of people who say seriously that they would have kept it or skimmed some. Do they intend to just ignore the inevitable felony theft charges? Use up all of the stolen money in a losing legal defense?
It’s not theft to keep a gift. The bank may have terms and conditions that allow them to try to take back the money but that won’t work if the money is gone and then the bank will have absolutely no problem telling the party that sent the money that it is their problem and they are out 10 million.
Ah, so if you're representative, then they believe that there would be no consequences to the theft. That no law was broken, the authorities would have no interest in a missing $10M, and Snyk would have no legal recourse to recover it. Interesting theory.
Authorities have no missing $10M. Snyk has. And it’s their responsibility. Not the responsibility of ‘authorities’ nor the responsibility of anyone else.
Do you really think that if I wire my taxes to your bank account authorities are going to assist me in getting it back from you?
You believe yourself to be wise in the ways of law, and yet do not know the difference between criminal and civil penalties. 100 hours of community service is better than jail, but they lost the civil trial also, and have to pay the entire amount plus penalties.
I think posting on twitter is a valid way to deal with this.
Making this public helps to raise awareness for businesses to pay attention to their business processes in regards to payment release. I remember being told that the process of paying vendors is where the most fraud happens.
Why is it internet commentors first instinct to assume the first they hear about something is the first thing that happened?
Seriously. I have several times tried to contact an institution and gotten absolutely no response, then tried Twitter and gotten a timely response. It's a thing.
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[ 0.22 ms ] story [ 54.1 ms ] threadAh, so if you're representative, then they believe that there would be no consequences to the theft. That no law was broken, the authorities would have no interest in a missing $10M, and Snyk would have no legal recourse to recover it. Interesting theory.
Do you really think that if I wire my taxes to your bank account authorities are going to assist me in getting it back from you?
https://www.cnn.com/2019/09/09/us/bank-deposit-error-couple-...
Ultimately they did 100 hours of community service. I’d do community service for $1000 an hour!
Clearly there is some plea deal going on and they agreed to this to be done with it.
Making this public helps to raise awareness for businesses to pay attention to their business processes in regards to payment release. I remember being told that the process of paying vendors is where the most fraud happens.
Seriously. I have several times tried to contact an institution and gotten absolutely no response, then tried Twitter and gotten a timely response. It's a thing.