81–90 of 208 posts
America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
Don't most startup founders fraudulently inflate the value of their startups?
"We are going after a 100 billion dollar market"
Yeah right ... only a tiny fraction of that market wants your product.
America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
Are you saying that (alleged) accounting fraud against a company based in the US isn't a crime in America?
As far as I can tell US prisons (in generally, not necessary all but I think most) are basically a heap of human right violations. In that context I think extraditing anyone to the US should be treated as a human right violation and as such should not be done. And even if we ignore their prisons from a German Law POV a lot of their law is fundamentally in conflict with the values represented by the constitution and m…
White collar crimes done by rich people go to white collar prisons. If you or I did this on a smaller scale we would probably go to regular prison but not a billionaire.
Earlier quoted context omitted.
> Being down voted on HN is really annoying because it won't let you reply if your down voted. Even to replies to your comment. Thanks for your comments, I'll try and reply tomorrow! This is wildly untrue.
Is it? I've been rate limited. Its taken me 60min of hitting reply to you to get this comment in How come that only happens when I have a down voted comment so I just assumed. Error message: You're posting too fast. Please slow down. Thanks.
America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
I agree. There was a horrendous incident recently in the UK where an American woman drove the wrong way up a particular road and ran over a teenager. Somehow she was spirited out of the country and now the US refuse to extradite her.
America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
The article makes it sound like the victim was HP, an American company, based in America. Did I misinterpret something?
This only happens one way, with extradition to the US, thanks to worldwide bullying.
Frankly I don't think anyone should be extradited to the USA. I just have zero confidence in the US legal system. Prosecutions seem politically motivated. Punishments are unreasonably harsh (I suspect to drive plea deals over actual trials). The quality of your defence depends entirely on how much you have to spend. And there seems to be a weird bias making prosecution and conviction of foreigners more likely for no…
> Being down voted on HN is really annoying because it won't let you reply if your down voted. Even to replies to your comment. Thanks for your comments, I'll try and reply tomorrow! This is wildly untrue.
Earlier quoted context omitted.
I agree. There was a horrendous incident recently in the UK where an American woman drove the wrong way up a particular road and ran over a teenager. Somehow she was spirited out of the country and now the US refuse to extradite her.
You’re talking about Anne Sacoolas. There’s more to it: she’s a spook, and she fled on board of US military plane, lying about having diplomatic immunity.
Earlier quoted context omitted.
The short answer is that HP didn’t identify the fraud when they did their due diligence. Just because you look at a businesses financials doesn’t mean you’ll identify fraud they are trying to hide. As far as the seller determining the price, that’s true but the price they set is set on the basis that they aren’t lying about what they are selling you. If someone sells you a pure gold box that turns out to just be alum…
That scenario looks fishy to me, even when you buying second hand car you do bit of exploration and for buying something with price tag of £11,000,000,000 well you dig a bit deeper, and due diligence is not just going to your financial statements and what is usually accessibly in UK publicly. During that process you dig trough everything, bank statements, expenses, salaries, earnings, revenue streams ... everything.…
Given the list of sophisticated financial fraud mechanisms charged, even if it WAS mismanaged, it was still fraud.