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mothballed 5 hours ago

It's not right, but that's how you get convicted of these crimes in Asia. If you make your investors money, everyone is happy, it's incredibly, incredibly incredibly unlikely you'll be convicted for defrauding them. In fact in the USA it's extremely rare to get convicted of defrauding a person that got the returns they want and have no interest in pressing charges.

Now maybe if you hurt someone else in the process you'll get convicted, but that's not what happened in Shkreli's fraud conviction, the only people he was accused of harming were the investors who said weren't harmed and had no damages or interest in prosecution.

What happened to Shkreli was a most extreme anomaly practically worldwide.

golem14 5 hours ago | parent [-]

I don't agree. If this sleazeball had done this in China, there's a good probability that with enough complaints he'd seen a pretty swift reckoning.

IMO, the Chinese government has a pretty good ear for the happiness of their population.

It depends on how the complaints are voiced. Karen-like entitled complaints are definitely not working there. Often, legit complaints also do not work, but sometimes they do.

I'm curious if this particular guy is actually going to be executed or the sentence being commuted to life without parole, like in other cases. Looks like it's not.