Sorry!! The article you are trying to read is not available now.

The Facebook Thief Strikes!

Print comment Post Comments
It’s been a good week for Facebook.

First, Mark Zuckerberg, Facebook’s founder and chief executive officer, was named Time magazine’s “Person of the Year.”  The publication noted the 26-year-old’s role in “creating a new system of exchanging information” and “changing how we all live our lives.”

Then Bloomberg reported that the world’s most popular social-networking service is likely to generate 2010 revenue of about $2 billion, a larger sum than projected earlier. Facebook’s more than half a billion users have made it an attractive target for advertisers, including Coca-Cola, JPMorgan, and Adidas AG.

You know who else Facebook is popular with these days? Thieves.

That’s right. After breaking into homes and stealing valuables, the modern derelict apparently now enjoys the chance to brag about it online.

The Washington Post’s Marc Fisher writes about how a thief broke into his Washington, DC, home and took a bunch of stuff. His 15-year-old son got hit hardest; his laptop, iPod, savings bonds and cash were gone. Except that the apparent thief didn't stop with stealing. Fisher explains:

“He felt compelled to showboat about his big achievement: He opened my son's computer, took a photo of himself sneering as he pointed to the cash lifted from my son's desk, and then went on my son's Facebook account and posted the picture for 400 teenagers to see.”

The case would seem like a slam-dunk except that two of DC’s finest confided the following to Fisher: Their colleagues rarely press hard on burglary cases because the courts almost always let thieves go with nothing more than probation. (HT: Marginal Revolution.)
POSITION:  No positions in stocks mentioned.