Quote:
Originally Posted by ZNPaaneah
Also, only a fool would think that it was a coincidence that the investment WL had was "guaranteed" to make money while the investment that the LRC took had 100% of the risk.
Had this been done properly at the start it would be evidence that it wasn't a scam from the get go, but there is no evidence of that. Again, all of the evidence points to fraud.
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Speaking to brothers who were in investment meetings, I don't recall the word risk ever being used. Rather their investment was guaranteed a return.
I don't see Daystar as a fraud. It was done apparently skirting business laws. If Daystar was a fraud, no one would have been compensated for their investment.
Can you say it was mismanaged?
Can you say it lacked transparency?
Can you say it was illegal?
TR said so and for TR's function as a whistleblower, JB had him removed from fellowship.
What doesn't sit well with people who knew about Daystar can be said about other companies that get mismanaged and ran into the ground.....Enron, Washington Mutual, Albertson's, etc. Investors and employees lose out while the CEO's get a lucrative package.