2006-10-02 04:11:36 · 3 answers · asked by hello 2 in Business & Finance ➔ Investing
depending on the agreement, part of investor money is for salaries, that you can use for personal, the rest no, it is fraud and you could get in a lot of trouble , (if you get caught)
2006-10-02 04:15:25 · answer #1 · answered by LisaM 2 · 0⤊ 0⤋
The new law requires more transparency and you should only invest in established companies with a history.
You should be able to know if the CEO has used the the latest infusion of cash to buy pet rocks for his wife just from their statements.
If they claim they are using the money for putting oil wells in Alaska instead, then it's fraud. This is often the case on how they hide the true use of their money.
2006-10-02 04:55:54 · answer #2 · answered by gregory_dittman 7 · 0⤊ 0⤋
If you are collecting a legitimate paycheck thats one thing. If your dipping into the till, thats a good way to get a one way ticket for an all expence paid vacation in the crowbar hotel and resort. ITs a nice place with lots of security and guards and stuff.
2006-10-02 05:07:03 · answer #3 · answered by john d 3 · 0⤊ 0⤋