I’m an accountant and auditor, while it’s incredibly misleading, not fraud. They would have to demonstrate to the auditor that the value is correct, it does appear that dividends are being issued so it would probably pass the bar required for valuation.
This is a business creating a valueless business, then applying artificial value to increase assets So fraud.
Now your version. A person creates a person. Well not uncommon. But well, everything from there really sounds dodgy.
It really is not possible to remove the business and be talking about the same thing. And its hard to argue it would not be worse.
But yeah, I’m sorta having fun with the words. If a poor/working class human tried to increase assets via fraud. They would be spending time at his majesty pleasure.
I’m an accountant and auditor, while it’s incredibly misleading, not fraud. They would have to demonstrate to the auditor that the value is correct, it does appear that dividends are being issued so it would probably pass the bar required for valuation.
I’m not an accountant or auditor, but if this was a person rather than a business, they’d be going to jail
It’s as if the rules are different if you’re rich.
Not disagreeing with your point.
But when you take the idea into consideration.
This is a business creating a valueless business, then applying artificial value to increase assets So fraud.
Now your version. A person creates a person. Well not uncommon. But well, everything from there really sounds dodgy.
It really is not possible to remove the business and be talking about the same thing. And its hard to argue it would not be worse.
But yeah, I’m sorta having fun with the words. If a poor/working class human tried to increase assets via fraud. They would be spending time at his majesty pleasure.
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