Replies to post #60399 on Red Giant Entertainment, Inc. (fka REDG)

[Tlsmd]

Hi rocky18. I sincerely dislike disagreeing with you on a couple of points as I had felt in disagreeing with Rickn a moment ago. But I think the records will show that the iRS does NOT "trump" in "all" cases because that is why they are so busy closing loopholes. I think using the term "money laundering",in this case, is ill chosen. Naturally all in my opinion I also feel that if more of us that still have a stake in REDG would try to make constructive suggestions to try to turn this company, that has its head on the guillotine block, around it would be more beneficial than concocting hypothetical court cases. Let's try to get out of the court room and into the Board Room. It could make a difference. The company is on its knees,with one hand tied behind its back ---do we've wish to give it the final kick off the edge. Again rocky18, I know you Mean well and I am sorry to have to make this and the previous post but I feel someone has to take, what I think, is a more rational point of view. No offense meant In either case. All the best to you. Have a good day. Tlsmd

[Penny_Island]

Lets for a minute say you are others are correct and it is illegal what Benny has done and you send it to the IRS. They will assign an agent to investigate. Maybe in 6-12 months they will get too it. Then they will determine if it is worth their time to pursue it at the local office level. Then and if they decide that, they will conduct a full criminal investigation. In the end all they can do for criminal charges, like all federal agents, is present the case to the district attorney (DA).

Guess what, most cases that get presented to the DA get turned down for prosecution as they have limited time and only like cases they can win or get plead out on. They also have minimums... Such as some districts will only take a case with a $10,000 minimum for fraud if your in the middle of Iowa others will not touch it unless there is over $500,000 in fraud like most east coast cities and those are the minimum and again up to them if they want to take it or not.

I have seen slam dunk cases and charges presented and the DA where the person in writing admitted guilt. The DA just says, nope, not interested, have a good day.

Again, the court option is such a waste of time for a company this size and the act people are talking about. The system is designed to catch the big fish and make an example of them. Not play whack-a-mole.

There must really not be any new news/DD if we are talking about fraud and business law on IHub... I get enough of this in my normal job.

Penny_Island