An interesting point is whether the conversion to an L.L.C. could itself be attacked as a fraudulent transfer designed to hinder, delay or defraud creditors.
"They are fraudulent systems designed to take in a lot of money at the front and pay out none in the end.
"The charges announced today send a strong message that we will not tolerate any fraudulent activity designed to profit from this tragic oil spill," said Assistant Attorney General Lanny A. Breuer.
But prosecutor Douglas Day QC said ULPD was, from the start, a fraudulent vehicle designed to deceive people into thinking they were investing in property when in fact Page was using their money to fund his growing gambling addiction.
Readers of The New York Times weren't happy to discover earlier this week that the paper's Web site was serving up a fraudulent advertisement designed to infect their machines with malicious software.
In some cases, those app installs aren't even legitimate — that is, they're not organic downloads from end users, but are instead fraudulent downloads designed to boost the app's ranking.
At Monday's Search Engine Strategies SESS) conference in New York, Yahoo! announced a partnership with click-fraud auditing firm Click Forensics to share pay-per-click advertising data and work together to identify fraudulent clicks those designed to pump a Web publisher's advertising revenue or drain a competing advertiser's budget.
And in a legal motion filed in May Six4Three's lawyers claimed evidence they had uncovered demonstrated that "the Cambridge Analytica scandal was not the result of mere negligence on Facebook's part but was rather the direct consequence of the malicious and fraudulent scheme Zuckerberg designed in 2012 to cover up his failure to anticipate the world's transition to smartphones".
"[The] defendant used numerous fraudulent email addresses designed to look like legitimate security accounts from various internet service providers, including, for example, [email protected], [email protected] and [email protected]," said court filings, according to the BBC. .
When Rauner says "a federal judge granted GTCR's motion to dismiss the case," he's only talking about a subsequent federal complaint filed by the estate in an effort to sort out what the estate essentially claims were fraudulent activities specifically designed to allow responsible parties to escape accountability for their negligent and unlawful acts.
