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by xenadu02 1432 days ago
OK sure: If you are sophisticated enough to completely fool the SEC investigators without leaving a paper trail, email, or text message anywhere that points back to you. If you are amoral enough to steal money this way. And smart enough to pull it off while dumb enough to do something so risky. Then yes in theory you might be able to do what you propose.

Perhaps you highlight a good point though: make sure to CYA if someone is pressuring you to do something borderline. Make sure there is an email or text message trail where you highlight your concern about the legality of the operation, ask if we should consult a lawyer, etc. If someone above you only speaks in person and insists that you are the originator of all documents/proposals that may be a sign they're trying to make it look like it was your idea.

1 comments

Even then, go to the SEC right away. They will provide legal advice. Sometimes you should quit, sometimes gather evidence.