Boards Index › General discussion › Getting serious › NAT West 3
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12 July, 2006 at 9:06 pm #4635
right unnacustomed as i am as to wandering on to current affairs and serious posts some of you guys in here have to explain this one………
this is my understanding so far:
3 guys who worked for Nat West invested in a company ..the company went bust costing Nat West a lot of money…..now we hear that a witness has been found dead? a sorry state and i have to say that my heart goes out to his family…….
my question is (and there are a lot of people asking this) why when it was a british company they defrauded (alledgedly) are they in america…..and if i’m not wrong Enron keeps being mentioned?? why???
there is obviously a lot more than meets the eye to this one…..which is probably just the sort of understatement that a novice in this section would make :oops: :oops: :wink:
ok over to you lot
hugsssssssss xxxxx
12 July, 2006 at 11:03 pm #230313yes lol …….. i dont know why i didnt get a grasp on this one ….. i dont normally watch the news lol so that could be it ………. its just with this one it got me thinking, we are talking about defraudin 12 million and it seems that they could get up to 23 years each for it?? wheres the justice in that???? especially when child molesters etc get far less…… i know i know its america………..
hugsssssssssss and thanx again xxxxx
13 July, 2006 at 11:44 am #230314Their alleged crime was not committed in America, even if the ‘victim’ was an American company. What I’m not sure about is whether what they’re alleged to have done would even be a crime under British (i.e English or Scottish) law.
If you’re asked, in a professional capacity, to value an asset and you deliberately undervalue it, then buy it when it’s offered for sale, then sell it on at a profit, is that illegal here? Isn’t that what secondhand car dealers, property speculators, antique dealers, etc. are doing all the time? This is exactly what BaE did when it got Rover dirt cheap from the government and sold it on to a few years later BMW.
13 July, 2006 at 11:48 am #230315@bassingbourne55 wrote:
Their alleged crime was not committed in America, even if the ‘victim’ was an American company. What I’m not sure about is whether what they’re alleged to have done would even be a crime under British (i.e English or Scottish) law.
If you’re asked, in a professional capacity, to value an asset and you deliberately undervalue it, then buy it when it’s offered for sale, then sell it on at a profit, is that illegal here? Isn’t that what secondhand car dealers, property speculators, antique dealers, etc. are doing all the time? This is exactly what BaE did when it got Rover dirt cheap from the government and sold it on to a few years later BMW.
=D> =D> =D> =D> =D>
hugssssssss xxxx
14 July, 2006 at 3:47 pm #230316I can’t understand the ins and outs of this case but I read that there was not enough evidence to prosecute the men in the english courts & that they have had to go to America without their solicitors or evidence. They also will not be able to afford defence witnesses who need to be flown over to America – all their money will be tied up in the bail conditions.
On reading, it does seem as if America is again sticking its nose into another country’s business but like I said, I don’t know the whole story.
14 July, 2006 at 5:35 pm #230317@Mr Amphibian wrote:
@madcat wrote:
I can’t understand the ins and outs of this case but I read that there was not enough evidence to prosecute the men in the english courts & that they have had to go to America without their solicitors or evidence. They also will not be able to afford defence witnesses who need to be flown over to America – all their money will be tied up in the bail conditions.
On reading, it does seem as if America is again sticking its nose into another country’s business but like I said, I don’t know the whole story.
Call ’em terrorists and invade ’em. Seems to work. :lol:
[-X [-X [-X :wink: :wink:
hugssssssssssss xxxxx
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