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Involuntary-Recluse

12/30/24 1:33 PM

#33269 RE: GRegoty #33268

My example of fraud is something like Bre-X, where you walk by the tailings, drop your gold ring on top, and issue PR's stating visible gold, hence the stock price hitting $200.

Cases like ASKH, are simple incompetence/negligence and stupidity as no one makes any $$ form this, with the exception of the penny ante flippers over the years that have maybe made Peter Lugers steak dinner $$ 😂

Or, pushing the envelope on expense deductions with the IRS, again penny ante stakes...

imho
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Involuntary-Recluse

12/30/24 1:38 PM

#33270 RE: GRegoty #33268

Furthermore,

fraud plays for meaningful stakes;

Enron
Madoff
Bre-X
Lehman

etc etc etc

Calling this play fraud is insulting the greatest fraudsters of all time ;-)😂

imho