Word: ransoming
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...helped finance the 1993 voyage of the freighter Golden Venture, which ran aground off New York with 300 starving Chinese passengers aboard, 10 of whom died trying to swim to U.S. soil; to the maximum sentence of 35 years in prison, for money laundering, conspiracy, and trafficking in ransom proceeds; in New York City. Cheng, who reportedly arranged the transport of thousands of illegal immigrants from her base in New York's Chinatown, claimed she was an innocent victim terrorized by Chinese gangs?a defense the judge disputed...
...editors: I was astonished to read Stephen Bartenstein’s critique and criticism of the speeches honoring Coretta Scott King at her funeral (“King’s Ransom,” comment, Feb. 10). Anyone who knows anything about Mrs. King’s commitments and concerns would know that she herself would have been honored to hear those commitments and concerns raised up at her funeral before the whole nation. Mrs. King died after a life of seeking justice, right thinking, care for the poor and disenfranchised, and peace. I dare say that President Carter...
When 21-year-old Web entrepreneur Alex Tew received a $50,000 ransom demand last month, he remembers thinking, "There's no way on earth I'm paying these guys." Hackers had kidnapped Tew's Million Dollar Homepage, an advertising website, crippling it with a flood of data. Thousands of dollars, six days and two security teams later, the site was back up. "I can understand why gambling sites that accept thousands of dollars a day could choose to pay and be done with it," Tew says, "but I made a point of standing firm...
...cyberextortion schemes become increasingly common, their targets have another choice: cyberinsurance. Demand for this emerging category of insurance, which will even cover a ransom payment, has jumped as more companies--and not just tech firms--depend on digital networks to do business. Written premiums topped $200 million in 2005, up from $100 million in 2003, according to Aon Financial Services Group managing director Kevin Kalinich, as corporations realize they have to guard against liability in addition to the hackers themselves...
...rote learning that turns so many students off. At Frick Middle School in Oakland, Calif., science teacher Caleb Cheung turned seventh-graders into inquisitive crime-scene investigators when he introduced a unit last fall on cells and microscopes. Students arrived in class to find an empty birdcage and a ransom note--someone had apparently kidnapped Cheung's pet doves, Herbert and Angel. For the next six weeks, the young detectives analyzed fingerprints, interviewed witnesses and compared hair and fabric samples under microscopes to find the perpetrator...