Florida Man Arrested In Plot To Get Rich By Bombing Target Stores

LRV · 02-18-2017, 10:06 PM

(CNN) Mark Barnett had what he thought was a great get-rich-quick scheme involving homemade bombs, Target superstores, and well-timed trades on the stock market. It did not go according to plan.

Barnett, a 48-year-old from Ocala, Florida, is accused of possession of a destructive device affecting commerce, the US Attorney's Office in the Middle District of Florida said in a statement Thursday. Barnett allegedly built 10 explosive devices and disguised them as food-item boxes, and he delivered those boxes to an unnamed person to place them in Target stores along the East Coast, according to a federal criminal complaint.

The plan, Barnett told that person, was to set off the bombs in Target stores in Florida, Virginia, and New York, sending the company's stock value down. Barnett would then buy Target stock cheaply, and sit and wait as the stock rebounded, which he referred to as "easy money," according to the criminal complaint. But that person instead presented the bombs to a probation officer, who then took them to law enforcement officials. Barnett was arrested Tuesday.

A registered sex offender, Barnett had previously been convicted of multiple felony offenses, including kidnapping, sexual battery with a weapon or force, and grand theft, according to the criminal complaint. He wears a GPS ankle monitor as part of his probation. It was not clear if Barnett had an attorney.

ATF explosives experts determined that the 10 devices were capable of causing damage, serious injury, or death to anyone nearby, according to the US Attorney's Office. In a subsequent search of Barnett's residence, law enforcement officers recovered rocket motor ignitors, M-5000 explosives, and battery sources consistent with the type used in the explosive devices, according to the criminal complaint.

"Target commends the law enforcement agencies responsible for apprehending this individual," the company said in a statement.

Anderdale · 02-18-2017, 10:09 PM

I bet he enjoys using the women's bathroom at target

tacoma34 · 02-18-2017, 10:16 PM

Packsearcher

deansayso · 02-18-2017, 10:53 PM

Someone's played too much GTA

tacoma34 · 02-19-2017, 02:03 AM

Quote:

Originally Posted by deansayso

Someone's played too much GTA

Or watched Money Monster.

ka13cards · 02-19-2017, 02:14 AM

Of course Florida...

JMarchand1981 · 02-19-2017, 08:11 AM

That is quite the long con. So he dumbs down the price of the stock by planting devices? Why wait for it to rebound! Just short the stock? Or....the smart play is to realize that retail is a terrible sector to be in and deduce from there that the stock may not increase after dropping.

ILOVEBEER · 02-19-2017, 01:09 PM

Quote:

Originally Posted by JMarchand1981

That is quite the long con. So he dumbs down the price of the stock by planting devices? Why wait for it to rebound! Just short the stock? Or....the smart play is to realize that retail is a terrible sector to be in and deduce from there that the stock may not increase after dropping.

I don't think we're dealing with the smartest individual here.

spuds1961 · 02-19-2017, 02:09 PM

That's one way of hedging your bets on the stock market.

jdandns · 02-20-2017, 01:17 PM

It's just crazy enough to work!

(Wait.
No.
No, it isn't.)

Donkaylove · 02-20-2017, 01:31 PM

Quote:

Originally Posted by jmarchand1981

that is quite the long con. So he dumbs down the price of the stock by planting devices? Why wait for it to rebound! Just short the stock? Or....the smart play is to realize that retail is a terrible sector to be in and deduce from there that the stock may not increase after dropping.

ha-truly awesome! Retail stocks suck ballz!

02-18-2017, 10:06 PM	#1
LRV Member Join Date: Apr 2013 Location: Where I'm At Posts: 6,023	Florida Man Arrested In Plot To Get Rich By Bombing Target Stores (CNN) Mark Barnett had what he thought was a great get-rich-quick scheme involving homemade bombs, Target superstores, and well-timed trades on the stock market. It did not go according to plan. Barnett, a 48-year-old from Ocala, Florida, is accused of possession of a destructive device affecting commerce, the US Attorney's Office in the Middle District of Florida said in a statement Thursday. Barnett allegedly built 10 explosive devices and disguised them as food-item boxes, and he delivered those boxes to an unnamed person to place them in Target stores along the East Coast, according to a federal criminal complaint. The plan, Barnett told that person, was to set off the bombs in Target stores in Florida, Virginia, and New York, sending the company's stock value down. Barnett would then buy Target stock cheaply, and sit and wait as the stock rebounded, which he referred to as "easy money," according to the criminal complaint. But that person instead presented the bombs to a probation officer, who then took them to law enforcement officials. Barnett was arrested Tuesday. A registered sex offender, Barnett had previously been convicted of multiple felony offenses, including kidnapping, sexual battery with a weapon or force, and grand theft, according to the criminal complaint. He wears a GPS ankle monitor as part of his probation. It was not clear if Barnett had an attorney. ATF explosives experts determined that the 10 devices were capable of causing damage, serious injury, or death to anyone nearby, according to the US Attorney's Office. In a subsequent search of Barnett's residence, law enforcement officers recovered rocket motor ignitors, M-5000 explosives, and battery sources consistent with the type used in the explosive devices, according to the criminal complaint. "Target commends the law enforcement agencies responsible for apprehending this individual," the company said in a statement. __________________ "How much sleep do you need to go play three hours?" - Ken Stabler ROLL TIDE ROLL!

02-18-2017, 10:16 PM	#3
tacoma34 Member Join Date: Aug 2013 Location: Washington State Posts: 5,630	Packsearcher __________________ ISO: Earl Thomas 2014 Topps Chrome Black Printing Plate (last card needed for complete rainbow)

02-19-2017, 02:14 AM	#6
ka13cards Member Join Date: Feb 2015 Posts: 1,186	Of course Florida... __________________ Los Angeles Chargers Super Bowl LII Champs!

02-20-2017, 01:17 PM	#10
jdandns Member Join Date: May 2015 Location: Southern California Posts: 23,485	It's just crazy enough to work! (Wait. No. No, it isn't.) __________________ Polite Behavior Society, Local 427

02-18-2017, 10:09 PM	#2
Anderdale Member Join Date: Jul 2010 Location: GA Posts: 6,116 Anderdale2	I bet he enjoys using the women's bathroom at target

02-18-2017, 10:53 PM	#4
deansayso Member Join Date: Jan 2013 Location: Iowa Posts: 4,472 dmdean81	Someone's played too much GTA

02-19-2017, 08:11 AM	#7
JMarchand1981 Member Join Date: Jul 2013 Posts: 34,438	That is quite the long con. So he dumbs down the price of the stock by planting devices? Why wait for it to rebound! Just short the stock? Or....the smart play is to realize that retail is a terrible sector to be in and deduce from there that the stock may not increase after dropping.

02-19-2017, 02:09 PM	#9
spuds1961 Member Join Date: Aug 2012 Location: Terry,Ms. Posts: 39,532	That's one way of hedging your bets on the stock market.