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by Aurornis
269 days ago
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If they had accurately stated the value and cash flow of the businesses and been transparent about where the money was going then technically they would have been fine. But if they had been honest about the performance of the businesses and the way the money was being used, they would not have attracted as much investment money. A few gullible people, but not $112 million worth. The misrepresentation was key to attracting the investment. |
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