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A comment on What science reveals about our tendency toward corruption. Parent comment

Re:What science reveals about our tendency toward corruption by nickff on Wednesday November 13, 2024 @01:53PM (#42128777)
According to the US Government, yes: https://en.wikipedia.org/wiki/Martin_Shkreli
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Re:What science reveals about our tendency toward corruption by Retric on Wednesday November 13, 2024 @02:26PM (#42129060)
> According to the US Government, yes: https://en.wikipedia.org/wiki/Martin_Shkreli

According to the government he did NOT commit theft.

He was instead “convicted in federal court on two counts of securities fraud and one count of conspiracy.”

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Re:What science reveals about our tendency toward corruption by kazinator on Wednesday November 13, 2024 @04:48PM (#42130403)
If nobody is robbed in a securities fraud, what makes it fraud?
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Re:What science reveals about our tendency toward corruption by Retric on Thursday November 14, 2024 @04:40AM (#42134528)
Risk.

Someone could take an underperforming investment to Vegas, happen to double the investment and return. However if they are using your money then you are taking more risk in that scenario than you’re expecting. Literally going to Vegas isn’t required, the same risk exists in many short term investments. Thus misrepresenting risk is considered fraud even if it happened to work out.

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