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| Sucks to Be Dave Foley... |
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| Crazy Cooter:
http://www.justice.gov/usao/can/press/press_documents/FOLEY%20Plea.pdf Contains a lot more detail. |
| ark_ader:
Looking at that plea deal, it reminds me of those individuals who offering Mame Rom burning services. In respect, wouldn't ebay transactions be considered some type of mail fraud, or at least a conspiracy charge? Interesting. |
| BadMouth:
--- Quote from: ark_ader on January 12, 2012, 07:05:29 am ---Looking at that plea deal, it reminds me of those individuals who offering Mame Rom burning services. In respect, wouldn't ebay transactions be considered some type of mail fraud, or at least a conspiracy charge? Interesting. --- End quote --- The crux of the charge is that he was still using the name Ultracade, which he didn't have the rights to, not that he was selling unlicensed roms. Customers were defrauded because they purchased a product presented and labeled as Ultracade when in fact it wasn't. If he had called it something else and put "works with ultracade" on the box, he might have been in the clear as far as the fraud charge goes. What I'm curious about is who pursued the issue? It sounds like the deal with Global VR fell through, so who would be upset about him using the Ultracade name. Maybe the Bank of America lawyers just tried to find everything they could throw at him. |
| Crazy Cooter:
My guess would be the home loan stuff turned bad first and the guy he partnered on that one with rolled over with the other information. It would be interesting to see what the other two people involved get sentenced with. If somebody skates free... >:D |
| lilshawn:
--- Quote from: BadMouth on January 12, 2012, 07:43:51 am --- --- Quote from: ark_ader on January 12, 2012, 07:05:29 am ---Looking at that plea deal, it reminds me of those individuals who offering Mame Rom burning services. In respect, wouldn't ebay transactions be considered some type of mail fraud, or at least a conspiracy charge? Interesting. --- End quote --- The crux of the charge is that he was still using the name Ultracade, which he didn't have the rights to, not that he was selling unlicensed roms. Customers were defrauded because they purchased a product presented and labeled as Ultracade when in fact it wasn't. If he had called it something else and put "works with ultracade" on the box, he might have been in the clear as far as the fraud charge goes. What I'm curious about is who pursued the issue? It sounds like the deal with Global VR fell through, so who would be upset about him using the Ultracade name. Maybe the Bank of America lawyers just tried to find everything they could throw at him. --- End quote --- i remember reading someplace that he used the proprietary software (that global now owned after he sold ultracade to them) to generate installation codes for some of the game upgrades he was selling, or something along those lines. his ideal was that they (Global VR) bought rights to the UltraCade name but hadn't done anything with it for like a year, and he was all like" hey i might as well make some dough off this...need to feed my family and all" and made the game packs for ultracde... where he thought "ultracade" had no longer existed since global never did anything with it. don't forget at this point, Foley was working at global still. Global found out about Foleys hand in (almost theirs) cookie jar and screamed "rape" so technically it WAS counterfeited software... but (not defending foley here buuuuuut...) some of us know globals propensity for abandoning their projects and leaving their customers hanging... coughallofthemcoughcough i would have thought a company had abandoned it if they didn't finish completing the transaction... but it appeared to persons buying the product that it would have been authorized for use when it wasn't i think the only reason for globals continuation of the "ultracade/arcade classics" is so they can stick it to foley. BUT these new charges have nothing to do with the first set of charges (counterfeit game deal). (well they kinda do) this all had to do with fraudulently obtaining bank loans (by saying he still worked at global after he had been fired for the counterfeit software dealy... actually, it was at about the same time... his getting canned happened to be JUST before the loans had been closed and had to have someone (not from global) call in for him and (fraudulently) verify employment.) |
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