Leaked documents show businessman went on a spending spree and left a council effectively bankrupt.

  • InvertedParallax@lemm.ee
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    1 year ago

    I don’t understand, this is trivial fraud why isn’t he in jail right now and all his assets in receivership?

    Oh… oh right… Tories.

    Good work, enterprising businessman!

      • InvertedParallax@lemm.ee
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        1 year ago

        … that’s a massive fraud, they extradite for that.

        Are you honestly saying I can steal the better part of a billion dollars and hop across the border to Mexico without worry? Because if so I have some life choices to rethink.

        • Buelldozer@lemmy.world
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          1 year ago

          Are you honestly saying I can steal the better part of a billion dollars and hop across the border to Mexico without worry?

          In other longer articles you find out that it’s nowhere nearly a billion. The Solar Farms used to underpin the investments do exist and are productive. The shortfall in money seems to be mostly in the prediction of future electricity prices.

    • Zippy@lemmy.world
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      1 year ago

      What makes you think there was fraud? Lots of these solar farms are not viable and losing money. Counsil for swindled into thinking it was a sure thing and invested in it. Sounds to me more likely the people in Council were not very business savvy but instead invested based on feel good.