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by filmgirlcw 2382 days ago
If they were still accepting new orders on 11/13 under those promises, that might be fraud. But any of the older backers wouldn't fall under that.

You would have to prove that when the statements to prepare delivery for 12/15 were made, the company had absolute knowledge that no future funding was going to come and that it was guaranteed that they were lying.

If the company was in talks with other investors and thought it might be able to raise in order to ship what was necessary, that's not fraud. That's bad business and everyone should be weary/stay the hell away from any future venture from this place, but that isn't fraud.