its safe that we assume these guys will plead guilty and get jail time. They bankrupted no one as far as we know. What do we think they will get as far as sentencing? My guess is way more than what is needed as a deterrent. I'll guess 54 months. A year and a day would be plenty.
AP dead or Obi dead?
Behind every great fortune there is a great crime.You would be shocked if you knew every secret that the investors that lost money with him hold. Every one of them, to a fault, has had something in their past. So I wouldnt be so quick to judge.
Some people just don't get it. http://www.msn.com/en-us/news/us/lawsuit-dude-ranch-owner-asked-chef-for-black-people-food/ar-BBxNVYX?li=BBnbfcL
Is Rickles a racist ?
That's ridiculous.
Do you mean Pickens?
No, I mean Don
There will always be some people that don't think about the consequences of their actions until it's too late.But without the threat there would be many more of these things happening.
As someone who has had past employers who did jail time, as well as current clients who got taken away in handcuffs, I have had a serious talk with my wife, and made a steadfast decision that there is absolutely no sum of money in the world that is worth having my children seeing, or knowing that their father was taken away in handcuffs (even if no time ends up spent behind bars).
Which part? The quote that is not mine or the truth in the fact that every one of the investors mentioned has skeletons.
I can tell you personally that there are plenty of arbitrage and other arguably grey opportunities that come across my desk that I don't do because I have no interest in even a small chance of winding up in prison for 2 years like those Nordstrom cashback brothers...
From what I remember, the Nordstrom bros weren't doing anything grey. It was clearly illegal and they did it on a huge scale.
And what about buying GCs to stores that return cash in order to earn rewards? Is that far off?
How is it even close?
Thats money laundering.
IIUC, isn't it pretty much the same thing?