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#kickbacks

1 post1 participant0 posts today

This smells like #corruption and #kickbacks in #sfba.

- Billionarie Chris Larsen owns Ripple Labs, a crypto company.
- Larsen was the largest financier of Prop E, which encourages drone use in SFPD, which passed in 2024.
- Larsen also owns San Francisco Police Community Foundation, a nonprofit.
- The nonprofit is donating $866k to support “officer wellness”, but only if SFPD also accepts Ripple Labs’ $9.4M donation.
- $2M of the donation goes to renting back Ripple Labs real estate.
- The rest of the $7.4M donation goes to buying and operating drones and take-off sites.

No mention is made of:

- Who will supply the drones (probably Ripple Labs).
- Who will service them (probably Ripple Labs).
- What are the recurring cost of the service (probably whatever Ripple Labs charges).
- What data is shared with Ripple Labs or whoever operates the service (probably a lot).

This deal stinks.

#surveillance

missionlocal.org/2025/06/were-

Mission Local · ‘We’re going to be covering the entire city with drones’: Billionaire’s donation to SFPD acceptedBy Frankie Solinsky Duryea

South Korea’s major pension funds face criticism for weak internal controls, as most lack or fail to enforce rules restricting employees’ stock trading, enabling multi-million-won corruption schemes—including high-profile kickbacks at the Construction Workers’ Mutual Aid Association.
#YonhapInfomax #PensionFunds #InternalControls #StockTrading #ConstructionWorkersMutualAidAssociation #Kickbacks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

Yonhap Infomax · Pension Funds' Stock Trading Restrictions Rendered Ineffective—Underlying Causes Behind Kickbacks
More from Yonhap Infomax News

#scum
#McKinsey pay $650m to settle #US #opioid case
"Prosecutors said McKinsey provided #Purdue advice to “turbocharge” #OxyContin sales. It was charged w conspiring to misbrand a #drug & obstruction of #justice.. former snr partner at McKinsey agreed to plead #guilty to #obstructionofjustice for destroying #records.. Purdue pleaded guilty in 2020 to #criminal #charges covering widespread misconduct including conspiring to #defraud US officials & pay #illegal #kickbacks"
bangkokpost.com/world/2919450/

Bangkok Post · Consultants pay $650m to settle US opioid caseBy Reuters

Maybe the House #Republicans should investigate #Trump and #Kushner after they get done with #HunterBiden?

“House #Democrats released evidence that the former president took in at least $7.8 million from foreign entities while in office, engaging in the kind of conduct the G.O.P. is grasping to pin on President #Biden.”

#greed #corruption #kickbacks #dictator #dictatorship
nytimes.com/2024/01/04/us/poli

The New York Times · Trump Received Millions From Foreign Governments as President, Report FindsBy Luke Broadwater

Republicans use any dastardly means available to privatize government functions.

#graft #kickbacks #fraud is what the #GOP is all about.

Always.

"People are drinking water that is below standards, but selling out to corporations who are going to raise rates on families across our state who cannot afford it is not a solution”

States and Congress wrestle with cybersecurity after Iran attacks small town water utilities

abcnews.go.com/US/wireStory/st

ABC News · States and Congress wrestle with cybersecurity after Iran attacks small town water utilitiesBy MARC LEVY Associated Press

How to write off your Super Yacht and buy off a #SupremeCourt #Justice.

“The rich, as we’ve reported, often deduct millions of dollars from their taxes related to buying and operating their jets and yachts.

@ProPublica interviewed around a dozen former crew members of the Michaela Rose, some of whom spent years aboard the ship, and none said they were aware of the boat ever being chartered.”

#ClarenceThomas #Clarence_thomas #SCOTUS #ethics #kickbacks
propublica.org/article/harlan-