Swindles & Scams | Sportswire Aug 20 2010
SCORING MACHINE
Federal prosecutors say defrauding clients out of two million bucks was a slam dunk for Jay Vincent.
Yesterday, former professional basketball player Jay Vincent, who played for the Dallas Mavericks, Los Angeles Lakers, and other teams during a nine year NBA career, was indicted on a variety of counts relating to an alleged scheme to defraud 20,000 job seekers. Vincent’s Foreclosure Bank Inspection, Co. offered people work nationwide inspecting homes that had been returned to bank ownership. His company took care of the necessary training for the job, but there was a catch—applicants had to pass a background check. These checks (which are constitutionally dubious, in our view, since they result in applicants being refused jobs for transgressions like having a poor credit score) cost upwards of eighty dollars, but once Vincent’s desperate applicants paid the fee, prosecutors say his company simply pocketed the money.

How much cash do they claim was made on this scam? Two million dollars. That’s a 2 with six zeros after it. If true, this is sad on two levels: first, that a former NBA player who probably had a thousand other opportunities went this route; and second, that jobseekers who were being crushed by a recession had no choice but to feed on the corpses of people who had already been crushed before them. Vincent has had no comment thus far, but his attorney has described the former basketballer as a “legitimate businessman engaged in legal activities”, which we think is like claiming to be a “legitimate cigarette marketing executive”, or a “legitimate geologist for a mining company that blows the tops off pristine Appalachian hills and dumps them in valleys, destroying wildlife and contaminating groundwater”. In other words, “legal” isn’t a synonym for moral—at least not in our book. But unfortunately, we didn’t write the book everyone else is playing by—Wall Street did. And it seems as if Vincent may have memorized it chapter and verse.  
  

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History Rewind
The headlines that mattered yesteryear.
April 23
1986—Otto Preminger Dies
Austro–Hungarian film director Otto Preminger, who directed such eternal classics as Laura, Anatomy of a Murder, Carmen Jones, The Man with the Golden Arm, and Stalag 17, and for his efforts earned a star on Hollywood's Walk of Fame, dies in New York City, aged 80, from cancer and Alzheimer's disease.
1998—James Earl Ray Dies
The convicted assassin of American civil rights leader Martin Luther King, Jr., petty criminal James Earl Ray, dies in prison of hepatitis aged 70, protesting his innocence as he had for decades. Members of the King family who supported Ray's fight to clear his name believed the U.S. Government had been involved in Dr. King's killing, but with Ray's death such questions became moot.
April 22
1912—Pravda Is Founded
The newspaper Pravda, or Truth, known as the voice of the Communist Party of the Soviet Union, begins publication in Saint Petersburg. It is one of the country's leading newspapers until 1991, when it is closed down by decree of then-President Boris Yeltsin. A number of other Pravdas appear afterward, including an internet site and a tabloid.
1983—Hitler's Diaries Found
The German magazine Der Stern claims that Adolf Hitler's diaries had been found in wreckage in East Germany. The magazine had paid 10 million German marks for the sixty small books, plus a volume about Rudolf Hess's flight to the United Kingdom, covering the period from 1932 to 1945. But the diaries are subsequently revealed to be fakes written by Konrad Kujau, a notorious Stuttgart forger. Both he and Stern journalist Gerd Heidemann go to trial in 1985 and are each sentenced to 42 months in prison.
April 21
1918—The Red Baron Is Shot Down
German WWI fighter ace Manfred von Richthofen, better known as The Red Baron, sustains a fatal wound while flying over Vaux sur Somme in France. Von Richthofen, shot through the heart, manages a hasty emergency landing before dying in the cockpit of his plane. His last word, according to one witness, is "Kaputt." The Red Baron was the most successful flying ace during the war, having shot down at least 80 enemy airplanes.
1964—Satellite Spreads Radioactivity
An American-made Transit satellite, which had been designed to track submarines, fails to reach orbit after launch and disperses its highly radioactive two pound plutonium power source over a wide area as it breaks up re-entering the atmosphere.
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