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by nl 1661 days ago
The vendor going bust isn't fraud. It's the vendor going bust.

If the vendor can't handle warranty obligations then (depending on your jurisdiction) they might be in trouble, but it still isn't fraud.

In the US, grey market good are generally legal (under first-sale doctrine). In the UK they aren't (under R vs C and others).

1 comments

>The vendor going bust isn't fraud. It's the vendor going bust

Whilst its not fraud, the fact anyone including the former directors of now deceased company can also appoint their own liquidators, and liquidators generally work for who ever is paying the bill, it is all but fraud in name.

That maybe so, but it's those actions that are the problem.