On Saturday author/blogger Cory Doctorow launched a new barrage of criticism towards Wells Fargo: It’s been a whole day since we learned about another example of systematic, widespread fraud by America’s largest bank Wells Fargo (ripping off small merchants with credit card fees), so it’s definitely time to learn about another one: scamming mortgage borrowers out of $43/month for an unrequested and pointless “home warranty service” from American Home Shield, a billion-dollar scam-factory that considers you a customer if you throw away its junk-mail instead of ticking the “no” box and sending it back. $43/month gets you pretty much nothing: people who tried to actually use their AHS insurance found it impossible to get them to actually do anything in exchange for this money. Here’s a quick Wells Fargo fraud scorecard: stealing thousand of cars with fraudulent repos; defrauding mortgage borrowers; blackballing whistelblowers; creating 2, 000, 000+ fraudulent accounts, and stealing millions with fraudulent fees and penalties. Life Pro Tip: if you don’t like banks, join a credit union. Read more of this story at Slashdot.
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Online Critics Decry Even More Wells Fargo Fraud Scandals
An anonymous reader quotes Business Insider: In more than 90 cities across the US, including New York, microphones placed strategically around high-crime areas pick up the sounds of gunfire and alert police to the shooting’s location via dots on a city map… ShotSpotter also sends alerts to apps on cops’ phones. “We’ve gone to the dot and found the casings 11 feet from where the dot was, according to the GPS coordinates, ” Capt. David Salazar of the Milwaukee Police Dept. told Business Insider. “So it’s incredibly helpful. We’ve saved a lot of people’s lives.” When three microphones pick up a gunshot, ShotSpotter figures out where the sound comes from. Human analysts in the Newark, California, headquarters confirm the noise came from a gun (not a firecracker or some other source). The police can then locate the gunshot on a map and investigate the scene. The whole process happens “much faster” than dialing 911, Salazar said, though he wouldn’t disclose the exact time. The company’s CEO argues their technology deters crime by demonstrating to bad neighborhoods that police will respond quickly to gunshots. (Although last year Forbes discovered that in 30% to 70% of cases, “police found no evidence of a gunshot when they arrived.”) And in a neighborhood where ShotSpotter is installed, one 60-year-old man is already complaining, “I don’t like Big Brother being in all my business.” Read more of this story at Slashdot.
Germany was able to set a new national record for the last weekend of April with 85 percent of all electricity consumed in the country being produced from renewables — wind, solar, biomass, and hydroelectric power. Digital Trends reports: Aided by a seasonal combination of windy but sunny weather, during that weekend the majority of Germany’s coal-fired power stations weren’t even operating, while nuclear power stations (which the country plans to phase out by the year 2022) were massively reduced in output. To be clear, this is impressive even by Germany’s progressive standards. By comparison, in March just over 40 percent of all electricity consumed in the country came from renewable sources. However, while the end-of-April weekend was an aberration, the hope is that it won’t be for too much longer. According to Patrick Graichen of the country’s sustainability-focused Agora Energiewende Initiative, German renewable energy percentages in the mid-80s should be “completely normal” by the year 2030. Read more of this story at Slashdot.