In December of 2008 (interestingly the same month as the TVA Kingston Coal-Ash Disaster) a 27-year-old Tim DeChristopher repeatedly bid up 12,000 acres of land intended for oil and gas exploration to a nice, winning number of $1.79 million. The problem? He didn’t have $1.79 million.
Tim is now on trial in Utah – facing up to 10 years in prison for… raising a bid paddle. I couldn’t help but be reminded of the Hitchcock classic North By Northwest, where Cary Grant disrupts an auction specifically so that he would be arrested – getting placed in police custody to gain protection from the spies that were out to kill him. (more…)