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| Sucks to Be Dave Foley... |
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| BadMouth:
All that notwithstanding, he's nowhere near the ---steaming pile of meadow muffin--- list level of Dave Adams aka Adam Judd aka Adam Starr. Every once in a while when an ultracade question popped up on here, he'd post and try to help the person. I do think he deserves some credit for that. |
| crashwg:
--- Quote from: CheffoJeffo on April 30, 2012, 07:03:37 pm --- --- Quote from: crashwg on April 30, 2012, 06:49:12 pm ---I know nothing about laws and stuff but if he is sentenced to whatever can we expect some sort of liquidation of the assets? As much of a ---meecrob--- as he is, some great reproductions were made and I wouldn't mind getting my hands on some. --- End quote --- Are you confusing Dave Foley from Ultracade (and multi-million dollar home financing fraud) and Dave from RAM Controls ? Dave Foley's biggest asset is the over $1 Million in salary he has been accruing from a company that made less than $50K last year. Wouldn't hold out hope for that if I were him. --- End quote --- Indeed I was. Effin Daves man, they're all bad news. |
| Hoopz:
--- Quote from: crashwg on May 01, 2012, 11:17:02 am --- --- Quote from: CheffoJeffo on April 30, 2012, 07:03:37 pm --- --- Quote from: crashwg on April 30, 2012, 06:49:12 pm ---I know nothing about laws and stuff but if he is sentenced to whatever can we expect some sort of liquidation of the assets? As much of a ---meecrob--- as he is, some great reproductions were made and I wouldn't mind getting my hands on some. --- End quote --- Are you confusing Dave Foley from Ultracade (and multi-million dollar home financing fraud) and Dave from RAM Controls ? Dave Foley's biggest asset is the over $1 Million in salary he has been accruing from a company that made less than $50K last year. Wouldn't hold out hope for that if I were him. --- End quote --- Indeed I was. Effin Daves man, they're all bad news. --- End quote --- Our Daves are ok. DaveMMR is a good kid. :applaud: |
| mcseforsale:
That second article is funny...especially the last comment: David Foley you are a lier and a crook. Investors in NanoTech have been looking for you for the past two years. First Bob Dekett gone now you. Phone at the "corp office" just rings, messages left and no one returns calls. All the while you continue to attempt to raise money for NTEK via debentures, for what purpose? Legal fees, mortgage payments, soap on a rope or just putting money together for the prison commissary? Lord knows nothing is happening with Nano. So prior to having your hair braided by your cell mate make sure that your brother or whoever is now running the show at Nano at least answers the phone or I can assure you that you will have more legal problems via the investors in NanoTech. I must admit...you are funny as hell "I did not plead guilty to fraud. I pleaded guilty to conspiracy to commit fraud" Thank god you cleared that up. Drama...happens in every hobby. It happened in BMX just a few years ago with the "re-birth" of Hutch. AJ --- Quote from: Santoro on May 01, 2012, 11:00:35 am ---1) he pulled some sleaze by trying to trademark the MAME name. http://games.slashdot.org/story/05/02/21/0415209/arcade-kit-seller-applies-for-mame-trademark-updated There's a lot here too just search... 2) More sleaze.. http://dougberry.hubpages.com/hub/Ultracade-Founder-David-Foley-Found-Guilty-of-Fraud --- End quote --- |
| CheffoJeffo:
--- Quote from: pinballjim on May 01, 2012, 11:33:15 am ---I really just urge you guys to read the legal document that came out in January. While his two convictions were pretty narrow, he admits to a lot of wrong doing. The convictions were level 20 and 22, you can take a look at what he's facing here: http://en.wikipedia.org/wiki/United_States_Federal_Sentencing_Guidelines#Sentencing_table --- End quote --- While the press release of the agreement cited a maximum of 50 years, my recollection is that the plea agreement has a maximum of 41 months. I can't seem to find the actual plea agreement anymore. |
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