NY Post takes down GameStop/real estate story after being duped
The New York Post has deleted a story after being duped by a 22-year-old who claimed he’d taken out a second mortgage on his parents’ home and used the money to invest in GameStop stock, reports Reed Richardson of Mediaite.
Richardson writes, “Post reporter Mary K. Jacob privately messaged him to follow up and ask him his reasoning and how he feels about taking such a big risk. But in an act of glaring journalistic malpractice, she never asked for any actual verification about key parts of his story, including his many dubious claims about the process of taking a second mortgage on a house he didn’t own or how he got the money so quickly, none of which apparently raised any red flags to her.
“‘His parents have no clue about his decision to take out a second mortgage on their behalf,’ Jacob wrote. ‘West apparently made the move on Monday via a zoom call (without the camera on) with his hometown bank and the money took a couple of days to kick in.’
“After the story got published, a stunned West called out the Post and laid out on his Twitter account the timeline for how the paper got so easily duped.”
Read more here.