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Home > Analysis and Commentary, Company News, Manufactured Home Communities, Manufactured Housing Industry, News, Stocks, Trends > Sextortion, Business, Investing, FBI Reports Scam Rising, plus Manufactured Home Stock Updates

Sextortion, Business, Investing, FBI Reports Scam Rising, plus Manufactured Home Stock Updates

June 17th, 2019

CNNmone6.17.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt is an underreported, but rapidly rising risk for large swaths of the population. But it may hold particular risks that are not fully appreciated by investors. Tips on how to spot and avoid this problem will follow. On a day when the markets went up mildly ahead of the next Fed statement, the threats posed by sextortion will be our featured report.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

CNN Business

  • Manufacturing slows
  • The industry contracted for the first time in two years as the effects of tariffs set in
  • This week’s Fed meeting is front and center on investors’ minds
  • Christine Romans: Investors are ‘pretty sanguine.’ Here’s why
  • Amazon condemns Alexandria Ocasio-Cortez for ‘starvation wages’ comment
  • Most self-driving companies say this tech is crucial. Elon Musk disagrees.
  • Genius accuses Google of stealing song lyrics
  • BuzzFeed News staffers stage walkout in effort to compel management to recognize union
  • Bitcoin hit $9,300, its highest level in 13 months
  • Sotheby’s sold to billionaire art collector Patrick Drahi for $3.7 billion
  • He didn’t have a computer growing up. Now he’s CEO of Google
  • Walmart wants to sell its own line of steaks. Here’s why
  • Boeing is open to changing the name of the 737 Max
  • Women aren’t doing enough to secure their financial future
  • Beyond Meat will start making ‘ground beef’
  • Fired for being transgender: The fight for LGBTQ workers’ rights
  • Sexist hiring practices don’t only hurt women. They hurt men, too
  • The fight for transgender healthcare at work
  • What it’s like to be labeled the wrong gender at work
  • Minority employees are often asked to work ‘double duty’
  • Walmart wants to sell its own line of steaks. Here’s why
  • SPECIAL REPORT How a cheap, brutally efficient grocery chain is upending America’s supermarkets
  • Aldi moves into Walmart’s backyard
  • Lidl will open 25 new US grocery stores over the next year
  • The TJMaxx of supermarkets is going public

Fox Business

  • Huawei exec says there’s no link between Chinese government and telecom company
  • China’s Huawei gives Fox rare look inside headquarters amid US ban
  • How Gloria Vanderbilt became a designer jeans pioneer, fashion industry leader
  • Airbus, in blow to Boeing, to launch new long-range jet
  • Amazon slams Alexandria Ocasio-Cortez over ‘starvation wages’ comment: ‘AOC is just wrong’
  • Papa John’s, Shaquille O’Neal endorsement deal includes $4.1M payday
  • J. Watt calls on fans to ‘chip in and buy’ Whataburger after a majority stake is sold
  • Investors await Fed decision, stocks see modest gains
  • Beyond Meat’s plant-based ground meat ‘Beyond Beef’ to be added to select stores nationwide
  • Midwest corn farmer on planting season: ‘Disaster like I’ve never seen before’
  • Facebook cryptocurrency launch: Why ‘Libra’ could be worth billions
  • Celebrity chef Rocco DiSpirito: Beyond Meat IPO validates the fake meat market
  • Tariffs aren’t only way to solve problems with China, NRF’s David French says
  • Can’t find good help? Try these 3 less-tapped resources
  • Comcast launches eye-control remote for viewers with physical or mobility disabilities
  • Boeing: Defense, aerospace market to grow to $8.7T
  • Domino’s to test autonomous pizza delivery in Houston
  • Apple’s Tim Cook: Tech companies need to take responsibility for ‘chaos factory’ they built
  • Winning solutions from Fortune 500 business leaders
  • Iran, China trade and Fed watch: ‘Will they or won’t they’ cut?
  • Drowning in debt vs. government shutdown: Which would you prefer?
  • Target glitches raise concerns over the impact of tech[overlay type]
  • Target glitches raise concerns over the impact of tech
  • Driverless trucks headed to Florida roads
  • Bitcoin headed to $10K?
  • Apple’s Tim Cook slams big tech over privacy issues
  • Amazon slams Alexandria Ocasio-Cortez over ‘starvation wages’ comment: ‘AOC is just wrong’

 

Today’s markets and stocks snapshot, at the closing bell…

9MarketIndicatorsYahooFinance6.17.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

 

SextortionBusinessInvestingFBIReportsScamRisingManufacturedHomeStockUpdatesDailyBusinessNewsMHProNews

Still from video posted further below.

The next three bullets are per CNBC:

  • Overall, extortion by email is growing significantly, according to the FBI’s Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported crimes, with total losses of $83 million.
  •  “The majority of extortion complaints received in 2018 were part of a sextortion campaign in which victims received an email threatening to send a pornographic video of them or other compromising information to family, friends, coworkers or social network contacts if a ransom was not paid,” according to the FBI.
  •  “Shame can be a tremendous weapon that these criminals use,” one expert explains.

If you think that sextortion only happens to billionaires or millionaires, think again. 

If you think it is only an American problem, the video that follows – which raises points applicable in the U.S. or Canada – is useful.

 

 

The world of tech and sextortion has put untold numbers at risk.  

While CNBC opted to report on this topic today, it is arguably an underreported challenge, based upon numbers supplied by the FBI.

Among the steps that arguably ought to be taken by publicly traded firms is to safeguard shareholders against the particular risk that sextortion could hold.

Have you asked firms you are invested in what steps, if any, they have taken to safeguard against the possible risks caused by sextortion or other similar scams? Surprises that seem unrelated to the core operation of a business could create an ugly surprise.

 

Related Reports:

Tips for Wealthy re Jeff Bezos Stolen Sexts Message Snag, Amazon Woes? Plus MH Market Updates

Joe Stegmayer, Cavco Industries, MHI Chairman, Insights from Innovative Housing Showcase

 

Yahoo Finance Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

YahooManufacturedHousingIndustryConnectedStocksMHProNews6172019

Still from video, below.

Updated:

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI, and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.


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