Homeowners want to keep muggers and murders out of their neighborhoods. What about contract violators, defamers or breachers of fiduciary duty?
Journalists at The New Inquiry magazine created a searchable database that uses machine learning to predict where in the U.S. financial crimes are mostly likely to occur. Unsurprisingly, the financial districts of major cities across the country are the most likely to be home to such crimes, with the island of Manhattan being a particularly concentrated hot spot.
Within Manhattan, the Midtown neighborhood between the Empire State Building and Central Park, boasts a larger concentration of high-risk zones than the Wall Street neighborhood at the island’s southern tip.
Smaller cities aren’t immune. Greenwich and Stamford, Conn. both look risky, as do some pockets of Boca Raton, Fla. and Palo Alto, Beverly Hills and Newport Beach, Calif., to name a few.
Crime doesn’t pay, but those are some pricey addresses.
April 25, 2017 at 11:31PM
from Miriam Gottfried
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