We Shouldn’t Be Surprised at the Theranos Fraud

Re:We Shouldn’t Be Surprised at the Theranos Fraud by Cthulhu_ on Thursday June 07, 2018 @04:55AM (#17254332)

Would controlling the media to influence an investment you hold stock in be considered illegal? Similar to insider trading?

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Re:We Shouldn’t Be Surprised at the Theranos Fraud by tragic on Thursday June 07, 2018 @08:07AM (#17255057)

I believe so: consider the City Slickers case[0].

Those guys were journos, not proprietors, but I'm pretty sure that if you could prove that a proprietor put heavy manners on the journos to do that, they would certainly be up for a criminal conspiracy charge, at least in Britain. Of course, that is typically a pretty big 'if'.

[0]: https://en.wikipedia.org/wiki/James_Hipwell

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Re:We Shouldn’t Be Surprised at the Theranos Fraud by mhneu on Thursday June 07, 2018 @08:51AM (#17255289)

Unless you’re in the US Congress, where profiting from stock movements was made explicitly legal - by an act of Congress.

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