Category Archive : System D

Dark Web Gun Runner Overdoses in front of Court to Try and Avoid Sentencing



A man who went by the darknet alias of Walter Mitty tried to overdose and take his own life outside of a court, before a judge was set to sentence the UK man, for a second time. His ploy failed, and the judge sentenced him to jail anyway.

Justin Young, 45, was taken to the hospital after drinking an entire bottle of whisky and swallowing a huge dose of prescription medicine, according to The Sun out of the United Kingdom. 

He was about to face the music for the illegal importation of assault rifle parts via the dark web. The judge jailed him for eight years while Mr. Young was being treated in the Royal Cornwall hospital for his self-inflicted wounds.

Walt-sunuk

The court learned how Mr. Young was a “normal” man who eventually “went off the rails.” In his ‘Walter Mitty’ delusion he crafted, he seemingly led the life of the protagonist of the hit show Breaking Bad, Walter White.

Having pleaded guilty to three counts of “conspiring to fraudulently avoid prohibition on the importation of illegal firearm parts,” Mr. Young was caught red-handed for importing rifles, including AR-15s.

This was not the first, but indeed the second time Mr. Young tried to overdose before being sentenced OUTSIDE of court. The first time he was simply arrested for being drunk and disorderly.

As he tried to die this most recent time, he handed police a note to his wife and children in which he explained his intention to commit suicide.

The darknet has been subject of much controversy since the Silk Road, the first underground marketplace where users could trade bitcoins for assorted illicit goods, was taken down by the FBI.

Subsequent darknet marketplaces were launched and global law enforcement agencies have banded together to track commerce originated from such darknet marketplaces.

Such a marketplace was made possibly by the advent of Bitcoin technology. A decentralized digital currency in which users can transact pseudonymously.

Spanish Government Limits Cash Withdrawals to €1,000



The Spanish Government acted today to cap cash payments at €1,000, down from the current cap of  €2,500. Anti-fraud measures enacted today include a VAT information and increased regulation of deferred payments.

The government is working on measures against fraud, including limiting the payment in cash to 1,000 euros instead of the current 2,500. The decree is set to be approved by the Council of Ministers next Friday. The Ministry of Finance admits  it could be delayed. Read More

India, Venezuela & Zimbabwe All Have Tragic Cash Problems

The word “cash” means different things in some parts of the world than in the US, Europe Australia and many other of the more stable economies worldwide. The Venezuela crisis has been ongoing, but trials and tribulations in India have meant a population short on cash. Meanwhile, things are “bizarre” in Zimbabwe where dollars go for dollars..with a premium. Read More

India Considers Ban on Gold Imports to Undermine Black Market

Is India thinking about banning gold imports?

That could be as the trade body Indian Bullion & Jewellers Association (IBJA) informed its 2500 members through text that the government is considering a ban on gold imports into the country per part of a larger crackdown on black money. Read More