4 ms·
> but is it fraud? I'm Korean and the law system is very different from America, but I think he will be likely accused of embezzlement rather than fraud if he
by kbumsik 7y ago
> but is it fraud?
I'm Korean and the law system is very different from America, but I think he will be likely accused of embezzlement rather than fraud if he were Korean
- voldacar 7y agoEven if the board and shareholders bought his grift for years and were ok with his self-dealing at the time?
- baddox 7y agoIf board members were complicit then I'm convinced we have plenty of room in prison for them as well.
- smabie 7y agoBut then who are they stealing from?
- kbumsik 7y agoCould be the company's money. It doesn't need to be specifically which investor's money.
- alwayseasy 7y agoTechnically once you invest it's not your money anymore and using it improperly can put you in legal jeopardy.