If the process is a fraud, what "insider information" is there to know about it that's good? I thought everything we need to know about the process we can learn from this board while the billionaires and mega-millionaires and NYSE: SAI or all too stupid to know any better.
Private placement participants are allowed to have information not available to the general public. Check the regs. In fact they are required to be under a non-disclosure agreement by regulation if the information they get is not public.