Florida Man Planned To Blow Up Target Stores To Buy Retailer Stock Cheap

Tyler Durden's picture

A Florida man tried to redefine "activist investing" after he made at least 10 explosive devices with the intention of blowing up Target stores along the East Coast in an elaborate "scheme" to send Target stock plunging so he could buy it on the cheap, the Department of Justice alleged

Mark Charles Barnett, 48, of Ocala was charged with "possession of a firearm (destructive device) affecting commerce by a previously convicted felon" after he offered an unidentified person $10,000 to put at least 10 explosives - disguised as food items - on the shelves of Target stores in New York, Florida and Virginia, according to a criminal complaint filed in U.S. District Court in Ocala.

According to the DOJ's compaling, Barnett, a registered sex offender on probation for multiple felony kidnapping, sexual battery and grand theft counts, hatched a plan to place explosives disguised as food items in Target stores along the East Coast from Florida to New York, thinking the plot would cause the stock price for the retail giant to plummet, allowing him to buy cheap shares of the company before they rebound.

"Barnett theorized that the company’s stock value would plunge after the explosions, allowing him to cheaply acquire shares of Target stock before an eventual rebound in prices" according to the criminal complaint.

To execute his plan, Barnett paid a man $10,000 to place the improvised bombs on shelves in Target retail stores along the US east coast. On Feb. 9, Barnett gave the man at least 10 explosives, a bag of gloves, a mask and a license-plate cover, which would be used to cover up the man’s identity, prosecutors said.

"Barnett told the [confidential source] not to let the box bounce around or they would explode," according to the complaint. He reassured the source that they wouldn't kill anybody, it said, but they would "take your hand off."

But before the plan moved forward, the man went to the authorities and gave them the bombs and explained Barnett’s plan. 

An explosives expert determined that the bombs were capable of "causing
property damage, serious injury, or death to nearby persons upon
detonation." It was not clear, however, if they would have also sent Target stock price lower.

A subsequent search of Barnett’s house by federal agents found rocket motor ignitors, M-5000 explosives and batteries were found. An explosives expert determined that the homemade explosives — 1½-inch shells stuffed with explosive powder, to be triggered by a battery — "were capable of causing property damage, serious injury, or death to nearby persons upon detonation," the complaint said.

"The cooperation between the local, state and federal law enforcement agencies involved in this case was instrumental to quickly identifying this individual and resolving any potential threat to the public,” said Charles Spencer, Special Agent in Charge of the FBI Jacksonville Division.

Barnett is being held in the Marion County Jail for nine parole violations. If he's convicted, Barnett faces up to 10 years in federal prison; it is not clear if he will be able to daytrade Target stock from prison.

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BigFatUglyBubble's picture

He learned that scheme from the Mossad

Mercury's picture

Florida Man Living In White Hoese

barndoor's picture

Dude - there are these things called put options...

Never One Roach's picture

Got the idea from Hillary's Kreamer how to blow up things.

TwelveOhOne's picture

"The cooperation between the local, state and federal law enforcement agencies involved in this case was instrumental to quickly identifying this individual and resolving any potential threat to the public,” said Charles Spencer, Special Agent in Charge of the FBI Jacksonville Division.

Yeah, right.  If his partner hadn't fingered him, "cooperation" wouldn't have happened at all.

The instrumental part was his partner having a conscience!

FireBrander's picture

"A mask and gloves".

The plan was to wear that into Target and put bombs on shelves?

On second thought, given Target "security", they probably wouldn't have been the least suspicious.

 

JRobby's picture

This is a perfect example of the intellect and mind set on display in Florida daily. What a shit hole! 

Just look at the traffic fatality stats. Just aimless retards.

HermanVanCuckold's picture

i imagine if he was successful the stock would go UP because BTATH. At least this dumb cocksucker doesn't have to pay rent for the next 10 years.

Rancho Texican's picture

This is literally what you do in GTAV.

kavlar's picture

A white man wanting to blow up shit = Activist Investor
A Muslim wanting to blow up shit = Activist Terrorist
An Israeli actually blowing up Palestinian kids = Activist Settler

PTR's picture

An israeli agent in the US blowing shit up = "conspiracy theory"

FireBrander's picture

I'ts more than Florida. mental illness is rampant; the shit I see around here...geesh. Go sit in a Walgreens parking lot (wife is inside, I'm in the car) and look at the froot-loops coming and going with thier "meds". Just watching these people pull into the parking lot is scary; driving over landscape curbs/bushes/rocks, parking 6" from the car next to them, trying to back into parking spots with ZERO backing skills, smashing into the 10" high sidewalk curb around the front of the building. It's quite the show.

rbianco3's picture

We have a lot of heavy traffic in Florida considering residents and visitors.

We're not all lacking intellect, but your point is taken - we do seem to be the toilet bowl of the nation when it comes to things like this or ballot counting.

 

Perimetr's picture

This guy is definitely management material.

UmbilicalMosqueSweeper's picture

Just don't blame the over-medicated, senile old farts who settle in Florida.  Driving into canals, and falling asleep at the wheel while driving on freeways, are just the modern version of shuffleboard. Live it up down there in sunny-land! Enjoy the bugs, hurricanes, dopers, gators, and snakes. Remember, Old Lives Don't Matter.

Joe Davola's picture

Now let's say he came up with an algorithm to enter faked orders to drive the market in one direction then executed trades that would benefit from those fictitious orders...

A. Boaty's picture

That never happens! How could you even think of such a thing?

Spanky's picture

Well that's just being a respectable citizen making an honest buck or two... /s

It all depends on who's writing, and enforcing, the laws.

[Edit] BTW, might know this guy's brother. Looks kinda like him too...

Calmyourself's picture

Dude, your a bit late Target already bombed their stock price when they told me my daughter could share a bathroom with Bruce the tranny...  Bye Target, cancelled Groupon service today as they would not stop sending me Target advertising..

UmbilicalMosqueSweeper's picture

The instrumental part was the FBI team that set the retard up for attaboys.

auricle's picture

Same thing was done on 9/11 with airline stocks. Although those dip buyers were never revealed. 

AlexCharting's picture

Heavy short-selling and put buying before 9/11 was even more suspicious. 

Lorca's Novena's picture

Is this guy replacing Mr. Yellen??

Raffie's picture

He is thinking out side the box and blowing up the box.

 

 

mainstream media is useless's picture

clearly not from wallstreet, would have thought to make money on the way down and on the way up

freewolf7's picture

I love it when a plan comes together.

HRClinton's picture

You're supposed to take down an entire country, to buy cheap. And you're supposed to get others to do that for you. 

That's how my good friend George Soros does it.

Go Big or go... to jail. Do not pass Go.

a Smudge by any other name's picture

I was just thinking how is this different from other market manipulators and pump-n-dumpers?

That was my second thought. My first and most obvious question was "now why didn't I think of that?"

Razor Burn'd Capitalist's picture

Yea, cause the cia never does domestic terror

 

Grow a set and clean your own house

The central planners's picture

100% sure that if he had succeded in his plan within a year he would be opening the DOW floor.

halcyon's picture

No, he learned that scheme from Wall St.

They do the same, but only by leaking rumors and doing some put options.

 

SHEEPFUKKER's picture

Just like 9/11. Imitation is the most sincere form of flattery. 

MANvsMACHINE's picture

Story sounds like bullshit to me. If you're deranged enough to pull off such a stupid stunt, you wouldn't hire someone else to do it for you. This plan was about making money so it's unlikely that he would then go ahead and pay $10,000 for this when he could do it himself and save himself $10,000. Something doesn't add up here.

Muad'Grumps's picture

Future Goldman's Ballsack VP

Albertarocks's picture

Obviously he's a graduate of Bankers College.  This is the bankers' standard operating procedure.

Peak Finance's picture

WHAT THE FUCK MAN???

It's Easy

Just BTFD

edifice's picture

It's an easy Target, who's stock is on-Target to go to zero.

1.21 jigawatts's picture

plus their logo is a subliminal message.

Suishou's picture

Watch out for when they start using the target symbol to subtly advertise the next ___(personal, terrorist, international, etc.)___ attack so as to get your sub-conscious consent. The world speaks in signs and symbols.

Luckhasit's picture

He gets three points for originality.  Then I take away two because this now gives third party players a new idea. So, he ends up getting a point. 

Good show.  Also, nobody is calling this an obvious terrorist attack to lower the cost of Target stores? Nah, it's a white guy, he gets a pass.

BTFD.

Akzed's picture

He deserves a fair trial and a fair hangin'.

unplugged's picture

or, promotion to CIA Director

copperthumb's picture

False Flag. Obvious. 

DirtySanchez's picture

An up and coming George Soros.

As the old disgusting jew is nearing expiration; money worshipping followers will crawl from under their rocks to mirror the soros model.

NoPension's picture

So he " found" a guy, and gave the guy $10,000 to plant the devices?
So this clown had $10g laying around, and how much to buy stock?

This does not pass my smell test. Probably chatted up to this sceme by the FBI, and given the money by a " partner" he met on the internet. This guy pissed in somebody's Cheerios........