Roblog

A couple of years ago, Bloomberg published an extraordinary article about the Montenegrin infiltration of the Mediterranean Shipping Co., effectively converting it into a cocaine logistics business. Following on from that is Alexander Clapp’s fascinating account of how Montenegro came to occupy a crucial role in the global drugs trade:

“…seafarers from places like Kotor – which straddled the Venetian and Ottoman empires – occupied a crucial position in 16th-century Europe. The clans in and around Kotor functioned like ‘linguistic and cultural amphibians’, serving as missionaries, spies, merchants and pirates. The Adriatic clans were often exploited by the empires that encroached on their mountains and occupied their ports – enlisted into naval crews, or forced to convert – but in many ways they benefited from their borderland identity. They played off great powers against one another, leveraged strategic information for court influence, infiltrated imperial ranks and forged valuable mercantile connections.”

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A strange story from New Zealand, of a father who disappeared with his three children and what it says about Kiwi culture:

“It was a blustery September Sunday in 2021, and the Hilux pickup sat far down the gray sand in a remote cove on the wild west coast of New Zealand’s North Island. The Māori men who noticed the car live in mobile homes and cabins up by the road, on ancestral land near Kiritehere Beach. The truck was parked below the high-tide line, facing the sea, and was nearly swamped by the waves pummeling the shore. The men found the keys, tucked under the driver’s-side floormat, and backed the car up the beach. They couldn’t help but notice empty child seats strapped into the back. If any kids had gotten close to the sea on a day like this, they were long gone.”

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The Safra family, Brazil’s premier gang of private bankers and secretive mega-billionaires, are in the news at the moment because of a messy succession dispute worthy of… well, Succession.

“‘It’s Alberto against the world,’ says Robinson, adding that the family will be keen to stop the case going before a jury. She says once you reach court ‘the cat is out of the bag… I can’t imagine anyone, especially people of this enormous wealth and legacy, want their business aired like that.’”

Given all that, it’s worth digging into this fascinating story from 2000, about the mysterious death of Alberto’s uncle in Monaco and the much-rumoured family links to money laundering, organised crime and the international drugs trade. #

The late eighties in the US was a time of many things, not many of which have aged well. One of them was the sales promotion:

“America was in the grip of a sweepstakes mania. The industry had grown to an estimated value of a billion dollars, and every company, from Toys R Us to Wonder Bread, seemed to be running giveaways and promotions. Even Harvard University’s alumni magazine was offering ten thousand dollars in Sony electronics.”

One company ran countless such promotions. There was just one problem: they were all rigged. Jeff Maysh tells the story, which – like all stories of fraudulent eighties excess – inevitably ends up involving Donald Trump. #

An incredible story of hustle culture, a con artist, and an introduction (for me at least) to the word “jobfishing”:

“The Zoom call had about 40 people on it - or that’s what the people who had logged on thought. The all-staff meeting at the glamorous design agency had been called to welcome the growing company’s newest recruits. Its name was Madbird and its dynamic and inspirational boss, Ali Ayad, wanted everyone on the call to be ambitious hustlers - just like him.

“But what those who had turned on their cameras didn’t know was that some of the others in the meeting weren’t real people. Yes, they were listed as participants. Some even had active email accounts and LinkedIn profiles. But their names were made up and their headshots belonged to other people.

“The whole thing was fake - the real employees had been ‘jobfished’.”

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The fascinating story of Danielle Miller, rich kid turned fraudster.

“Miller and Blas didn’t interact much, but their meeting set off a chain of events that would draw them both deeper into the criminal world than either had gone before. By the time their friendship fell apart, stolen credit cards would be the least of their troubles. “I was interested to know why this mean girl wanted to be friends with me,’ Miller says now. ‘And in the end I think it was because she wanted to use me for whatever crimes we were accused of.’”

This kind of profile, interesting though it is, is an example of a phenomenon that Chris Dillow has written about extensively: people, and especially journalists, are bizarrely deferential to criminals from upper and upper-middle class backgrounds. Dillow quotes Adam Smith:

“We frequently see the respectful attentions of the world more strongly directed towards the rich and the great, than towards the wise and the virtuous. We see frequently the vices and follies of the powerful much less despised than the poverty and weakness of the innocent.”

As Dillow notes:

“The sympathy of headline writers is tightly circumscribed. They rarely speak of a downfall or fall from grace after working class people are convicted.”

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Ben Mathis-Lilley explains the bizarre case of Alex Murdaugh (nominative determinism?), “a 53-year-old South Carolina lawyer at the centre of an astounding web of criminal activity and suspected criminal activity, much of it fatal.” #

How thieves disgruntled at the financial system pulled off an almost-perfect robbery – a real work of art. #