3 ms·

There is intent behind fraud.

• kadoban 4y ago
  So if you intend for the con to survive longer than it did you're in the clear? Interesting.
• nrmitchi 4y ago
  The "intent" that is necessary is the intent to benefit from the known misrepresentation, which in this case Stablegains did by obtaining investment from these customers. It would be ludicrous to suggest that Stabelgains needed to "intend" the end result (ie, "catastrophically fail and lose all of their customers funds") for it to be fraud.