Newmark Brains Scammers

“We are not really that high-tech of a company,” the man who brought classifieds into the Internet age, Craig’s List founder Newmark, tells the New York Observer, explaining why he uses a combo of customer feedback and his own memory—instead of techie solutions like IP-address blockers or email tracing—to track the real estate scammers who populate the site.

Newmark is happy to help out the NYPD and New York City Council with their quest to cut down on Craig’s List fraud, just as long as they don’t mess with due process. “We feel very strongly about civil rights—but if the right procedures are followed, we also believe in cooperating with law enforcement,” says the San Francisco-based entrepreneur. (More internet stories.)