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You are correct - I was focused on the "did he get to profit from this despite getting caught" because I was worried about the positive incentive to be a fraud.
by ergothus 8y ago
You are correct - I was focused on the "did he get to profit from this despite getting caught" because I was worried about the positive incentive to be a fraud. However, lack of a positive when caught is NOT the same as a negative, so yeah, still a slap on the wrist, relatively speaking.
- freeone3000 8y agoThis is just the SEC charges. They mention a concurrent criminal case - this is where the actual penalties are going to be.