4 ms·
Not really a good analogy. They invested with him, he lost it but found another way to make that money back. There wasn't any theft.
by gfosco 9y ago
Not really a good analogy. They invested with him, he lost it but found another way to make that money back. There wasn't any theft.
- jartelt 9y agoIf I give you money to invest in Alphabet stock and you instead invest it in lottery tickets, that seems like theft to me regardless of whether the lottery tickets pay off or not.
- jonnycomputer 9y agoit surely does sound like people are looking for excuses for the guy. it was fraud, and he has only himself to blame.
- s73v3r_ 9y agoI think it's just that so many people don't want to have to think about their intentions when they do things.
- danso 9y agoHe wasn't prosecuted for theft (or embezzlement). He was prosecuted for fraud.
- meowface 9y agoHe not only lost it, he lied and said he did not lose it and that their money was safe and sound. Big difference. When you fabricate numbers and lie to people who have given you money, you're committing fraud, regardless of your ultimate intentions or if you manage to recover the money through other means.