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| Sucks to Be Dave Foley... |
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| Hoopz:
--- Quote from: Vocalitus on August 27, 2021, 04:24:06 am --- --- Quote from: Hoopz on August 25, 2021, 08:43:43 am --- --- Quote from: Vocalitus on August 25, 2021, 05:22:16 am ---If the shares was his to sell, then he can sell them how he sees fit. It will be interesting how he inflated the shares fraudulently. It will be interesting how the authorities tracked his emails. --- End quote --- Regardless of whether the shares were his or not, you can't lie to investors or potential investors about valuations. That's considered fraud. And if you're considered an insider by the SEC, that's a violation of federal law. His communications were properly monitored during his stay in gen pop. --- End quote --- Remember Enron? https://en.wikipedia.org/wiki/Enron --- End quote --- Thanks for making my point. Ken Lay - guilty and died before being sentenced. Skiling went to prison as did Fastow. Same thing with Worldcom/MCI and Bernie Ebbers, prison. Madoff was different with the ponzi scheme, but he was charged with fraud also. |
| nitrogen_widget:
Is this that divemaster guy? I forget. blows my mind how someone gets out of prison for what he did and ends up at a legit job making more money most likely than honest people who haven't been in prison who could do that job and then he goes for the fast money scheme. they make tv shows and movies about guys like this. they are usually depicted as having someone in desperate need of therapy. |
| Hoopz:
No, Divemaster is/was a legit reseller here. |
| Vocalitus:
--- Quote from: Hoopz on August 27, 2021, 09:19:34 am --- --- Quote from: Vocalitus on August 27, 2021, 04:24:06 am --- --- Quote from: Hoopz on August 25, 2021, 08:43:43 am --- --- Quote from: Vocalitus on August 25, 2021, 05:22:16 am ---If the shares was his to sell, then he can sell them how he sees fit. It will be interesting how he inflated the shares fraudulently. It will be interesting how the authorities tracked his emails. --- End quote --- Regardless of whether the shares were his or not, you can't lie to investors or potential investors about valuations. That's considered fraud. And if you're considered an insider by the SEC, that's a violation of federal law. His communications were properly monitored during his stay in gen pop. --- End quote --- Remember Enron? https://en.wikipedia.org/wiki/Enron --- End quote --- Thanks for making my point. Ken Lay - guilty and died before being sentenced. Skiling went to prison as did Fastow. Same thing with Worldcom/MCI and Bernie Ebbers, prison. Madoff was different with the ponzi scheme, but he was charged with fraud also. --- End quote --- You are missing my point. Oh well. |
| Mike A:
Maybe if you made a point instead of posting 2 words it would be easier to follow. |
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