[telltruth]

No. The court has kindly ordered to pay half billion to her billionaire investors. Apparently they are going in prison ONLY because they screwed investors. I truly don't understand this part. These investors agreed to give money based on risk/reward. They were on the board and happily paddled along. They literally didn't cared even when issues were brought to them. They thought it is just like WeWork/Uber founder doing bullshit for exponential growth. Only when press released news and they thought they might get some mud, they pressed eject button.

No one should be going to prison because of these billionaire investors.

[vlovich123]

Outright fraud is a very different thing in all contracts because there’s no meeting of the minds by definition. In fact, the incentives are typically the other way in private capital markets. Most investors are extremely wary of getting into lawsuits with companies they invest in even if they’re getting screwed / there’s fraud because it reflects poorly on you as an investor. Often better to just take the loss.

No one is going to prison because of billionaire investors. They’re going to prison because of fraud. Now maybe the billionaire investors managed to get a DA to take on the case in the first place and that’s a problem, but not because she shouldn’t be going to prison.