CBFan Posted August 12, 2022 Share Posted August 12, 2022 The first time I clipped a tweet and it’s a hoot Box and Won likes this Quote Link to comment Share on other sites More sharing options...
slu72 Posted August 12, 2022 Share Posted August 12, 2022 58 minutes ago, CBFan said: The first time I clipped a tweet and it’s a hoot Surely, VCU didn’t bite on the old Nigerian Prince scam, or did they? If so, heads should roll. Quote Link to comment Share on other sites More sharing options...
NoCoBillsFan Posted August 12, 2022 Share Posted August 12, 2022 https://richmond.com/news/local/education/fbi-scammer-claiming-to-be-local-construction-firm-defrauded-vcu-of-470-000/article_470e2b66-1cac-5759-ac8b-2b9e6f4b9973.html Quote Link to comment Share on other sites More sharing options...
Lord Elrond Posted August 12, 2022 Share Posted August 12, 2022 12 minutes ago, NoCoBillsFan said: https://richmond.com/news/local/education/fbi-scammer-claiming-to-be-local-construction-firm-defrauded-vcu-of-470-000/article_470e2b66-1cac-5759-ac8b-2b9e6f4b9973.html Wow, they DID fall for it… Quote Link to comment Share on other sites More sharing options...
bauman Posted August 12, 2022 Share Posted August 12, 2022 10 minutes ago, Lord Elrond said: Wow, they DID fall for it… "You just can't fix stupid" especially if it works in the acct dept at a state school. Which one of us would not have fallen for a scheme to send $470,000 to a bank in Nigeria? Can you say none of us??? Old guy likes this Quote Link to comment Share on other sites More sharing options...
Taj79 Posted August 12, 2022 Share Posted August 12, 2022 Just too damn funny. Quote Link to comment Share on other sites More sharing options...
Box and Won Posted August 12, 2022 Share Posted August 12, 2022 I heard they tried to scam LaSalle, but LaSalle ended up asking THEM for money. Young Charles, 3star_recruit, AGB91 and 4 others like this Quote Link to comment Share on other sites More sharing options...
almaman Posted August 12, 2022 Share Posted August 12, 2022 Dayton should schedule the national team for a home & away & TKOB while down there with the A-10 mafia. Quote Link to comment Share on other sites More sharing options...
Old guy Posted August 12, 2022 Share Posted August 12, 2022 2 hours ago, bauman said: "You just can't fix stupid" especially if it works in the acct dept at a state school. Which one of us would not have fallen for a scheme to send $470,000 to a bank in Nigeria? Can you say none of us??? Interesting question you post. The answer should be none of us, but is it? I really cannot be sure. Quote Link to comment Share on other sites More sharing options...
CBFan Posted August 12, 2022 Author Share Posted August 12, 2022 Should we sell one of the Mississippi River bridges to VCU and tell them they can build a toll booth to accumulate riches for their butifull arena? Quote Link to comment Share on other sites More sharing options...
slu72 Posted August 12, 2022 Share Posted August 12, 2022 Wow. Can’t believe it. One would think a $470k payment could not be authorized by a lower level accts payable clerk alone. More likely it would have to be approved by a higher level manager. And what American construction company would want payment in crypto and sent to a foreign bank? Quote Link to comment Share on other sites More sharing options...
almaman Posted August 12, 2022 Share Posted August 12, 2022 6 minutes ago, slu72 said: Wow. Can’t believe it. One would think a $470k payment could not be authorized by a lower level accts payable clerk alone. More likely it would have to be approved by a higher level manager. And what American construction company would want payment in crypto and sent to a foreign bank? especially Nigeria poster state for internet fraud. If you try to sell a bridge use some other name than Brooklyn. Quote Link to comment Share on other sites More sharing options...
cgeldmacher Posted August 15, 2022 Share Posted August 15, 2022 The biggest thing that surprised me about the article is that there is insurance for this sort of thing. The article said that VCU recovered most of the money it lost from insurance. Really? A university can insure its employees against stupidity? bauman likes this Quote Link to comment Share on other sites More sharing options...
Pistol Posted August 15, 2022 Share Posted August 15, 2022 29 minutes ago, cgeldmacher said: The biggest thing that surprised me about the article is that there is insurance for this sort of thing. The article said that VCU recovered most of the money it lost from insurance. Really? A university can insure its employees against stupidity? It would be covered under a cyber security policy, basically a rider to their larger commercial policy. These haven't been around all that long and you'd be surprised how few large organizations opt for this coverage. They might not have the smartest people at every desk in the school, but they have a good insurance agent. Billiken Rich and cgeldmacher like this Quote Link to comment Share on other sites More sharing options...
Old guy Posted August 15, 2022 Share Posted August 15, 2022 2 hours ago, Pistol said: It would be covered under a cyber security policy, basically a rider to their larger commercial policy. These haven't been around all that long and you'd be surprised how few large organizations opt for this coverage. They might not have the smartest people at every desk in the school, but they have a good insurance agent. Insurance protection is an interesting business, they emphasize marketing and sometimes they get hurt by claims when their estimates are incorrect. Quote Link to comment Share on other sites More sharing options...
willie Posted August 15, 2022 Share Posted August 15, 2022 1 hour ago, Old guy said: Insurance protection is an interesting business, they emphasize marketing and sometimes they get hurt by claims when their estimates are incorrect. It actually amazes me at how good the industry is at managing risk even with all the natural disaster’s we are seeing due to global warming. Quote Link to comment Share on other sites More sharing options...
Billiken Rich Posted August 16, 2022 Share Posted August 16, 2022 1 hour ago, willie said: all the natural disaster’s we are seeing due to global warming. Vomit........It's always weather when it doesn't prove your case...... dennis_w and CBFan like this Quote Link to comment Share on other sites More sharing options...
dennis_w Posted August 16, 2022 Share Posted August 16, 2022 54 minutes ago, Billiken Rich said: Vomit........It's always weather when it doesn't prove your case...... 50 years ago the climate experts said a new ice age was coming and we would all freeze to death, followed by ozone depletion, acid rain and warming now, why are we not all dead? Quote Link to comment Share on other sites More sharing options...
willie Posted August 16, 2022 Share Posted August 16, 2022 1 hour ago, Billiken Rich said: Vomit........It's always weather when it doesn't prove your case...... Congratulations. I was wondering how long it would take for the first ridiculous denier to respond. I guess science makes you vomit. RUBillsFan and BilliesBy40 like this Quote Link to comment Share on other sites More sharing options...
willie Posted August 16, 2022 Share Posted August 16, 2022 13 minutes ago, dennis_w said: 50 years ago the climate experts said a new ice age was coming and we would all freeze to death, followed by ozone depletion, acid rain and warming now, why are we not all dead? Just wait baby. Quote Link to comment Share on other sites More sharing options...
Old guy Posted August 16, 2022 Share Posted August 16, 2022 You can insure just about anything that people want to buy insurance for. It is just a matter of estimating the real risk vs the perceived risk. For example take flood insurance. There are well determined flood plains around rivers etc but there are levies and other protections against floods that lower the risk to some degree. Also just because an area is denominated as a flood plain, it does not mean that every portion of that flood plain has the same exact risk of being flooded. With that in mind you can approximate the real risk of having a given property located in a flood plain actually getting flooded. This allows the company to price a plan that will provide adequate protection and a high likelihood of recurrent profits (ie, the property not getting flooded). Pricing is the key, if your property floods every year, probably you will not be able to afford the flood insurance, if the property has flooded only occasionally you can get full protection relatively cheaply. Quote Link to comment Share on other sites More sharing options...
AnkielBreakers Posted August 16, 2022 Share Posted August 16, 2022 34 minutes ago, Old guy said: You can insure just about anything that people want to buy insurance for. It is just a matter of estimating the real risk vs the perceived risk. For example take flood insurance. There are well determined flood plains around rivers etc but there are levies and other protections against floods that lower the risk to some degree. Also just because an area is denominated as a flood plain, it does not mean that every portion of that flood plain has the same exact risk of being flooded. With that in mind you can approximate the real risk of having a given property located in a flood plain actually getting flooded. This allows the company to price a plan that will provide adequate protection and a high likelihood of recurrent profits (ie, the property not getting flooded). Pricing is the key, if your property floods every year, probably you will not be able to afford the flood insurance, if the property has flooded only occasionally you can get full protection relatively cheaply. Well, let’s say that I want to insurance against general stupidity in all things? Is that just about $20k? Quote Link to comment Share on other sites More sharing options...
Old guy Posted August 16, 2022 Share Posted August 16, 2022 I have no idea what the premium would be. However, I can assure you that the term "general stupidity in all things" and the damages caused by said "general stupidity in all things" would be defined in the policy in the most iron clad manner that could be put together by company policy writers. This would make collection of damages very difficult. Take something simpler, disability, what is disability? Can you define the term? Quote Link to comment Share on other sites More sharing options...
AnkielBreakers Posted August 16, 2022 Share Posted August 16, 2022 10 minutes ago, Old guy said: I have no idea what the premium would be. However, I can assure you that the term "general stupidity in all things" and the damages caused by said "general stupidity in all things" would be defined in the policy in the most iron clad manner that could be put together by company policy writers. This would make collection of damages very difficult. Take something simpler, disability, what is disability? Can you define the term? Ok. So, today, I asked a person what the cost of insuring jet ski’s is yearly, and I was told that a 9M policy was 22k per year. My new theory is that this person described the cost of general stupidity! Ha! But seriously, if we want to dig into the depths, is there really a better example? Quote Link to comment Share on other sites More sharing options...
Old guy Posted August 16, 2022 Share Posted August 16, 2022 Jet ski's are machines I have never used or seen in operation, I have only seen them in videos. They are fast, the people on them are unprotected with the exception of floats and they cross and criss cross one another and tend to do wild things very fast. They are like aquatic motorcycles doing wheelies. You can call this "general stupidity," they probably call this "entertainment." They look to me as safe as snow boards doing jumps and tricks. The high insurance rate is probably due to what very high rates of accidents and injuries. Another sport, activty, whatever you want to call is with an abnormally high associated mortality, is private plane flying. If the jet ski policies cover injuries, death, and liability for injury to others, particularly while intoxicated, then you get the idea that a lot of these jet ski drivers might not even be offered insurance. Those that get insured are probably those with a low or lack of prior accidents or injuries. Defining disability is NOT easy, and each policy issuer has different definitions for the term that rule compensation. In reality there is no generally accepted "disabiltiy," what is there are limitations to normal function which may render individuals unqualified for doing certain jobs. For example, if you are legally blind you cannot drive a truck. Quote Link to comment Share on other sites More sharing options...
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