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Fraud is a tort and thus someone who commits fraud is open to a Civil Action.  

Knowingly committing a fraud rips the corporate shield, thus the Board of Directors and management become personally liable to the victim for compensation.

How that can play-out is anybody's guess.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Wed Oct 13th, 2010 at 02:27:02 AM EST
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