As Hawaii mourns its dead, 'disaster vultures' are swooping in to make a quick buck

Thu, 08/31/2023 - 11:27

A house on fire being circled by vultures while money falls from the sky — Disaster vultures are investors who take advantage of people who lost their homes to natural disasters in order to turn a profit.
Tyler Le/Insider

As Hawaii mourns its dead, investors are swooping in to make a quick buck

When disaster strikes, there are often two tragedies. The first, and most important, is the loss of life: Over 100 people died when wildfires burned across Hawaii in early August. Homes, cherished belongings, and local history were engulfed in flames. Thousands of locals were displaced, and there are still hundreds of people missing.