this post was submitted on 10 Dec 2024
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UK Politics

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General Discussion for politics in the UK.
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Isn't this called fraud?

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[–] [email protected] 12 points 1 week ago (9 children)

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.

[–] [email protected] 14 points 1 week ago (4 children)

I'm not an accountant or auditor, but if this was a person rather than a business, they'd be going to jail

[–] [email protected] 7 points 1 week ago (2 children)

It’s as if the rules are different if you’re rich.

[–] 13esq 8 points 1 week ago (1 children)

When you're rich, you make your own rules. Laws are to protect the rich from the dirty poors, not the other way around!

[–] [email protected] 4 points 1 week ago

Forgot about that. As a poor I should know that we are awful.

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