Isn’t this called fraud?

  • sabreW4K3@lazysoci.alOP
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    12 days ago

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

    • HumanPenguin@feddit.uk
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      11 days ago

      if this was a person rather than a business,

      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.