Keep in mind the actual fraud is NOT saying “we will try to do impossible task X” and failing. The fraud is going to extreme lengths to cook up results to drum

Keep in mind the actual fraud is NOT saying “we will try to do impossible task X” and failing. The fraud is going to extreme lengths to cook up results to drum up sales and investments. UBeam might very well flameout but I think if you are evaluating a company for fraud potential, there’s no evidence of UBeam making up complete BS to raise investments. In that case, even if their tech doesn’t pan out, as long as they weren’t massively deceiving investors, it would be a failed startup, not a fraudulent one. They are not the same thing.