Well it seems the SEC disagrees with your assessment, having charged Elon Musk with securities fraud, which is a felony. Felony acts not legal acts, so I'm not sure what motor neuron failure prompted you to type that idiotic statement.
Elon Musk Settles SEC Fraud Charges; Tesla Charged With and Resolves Securities Law Chargehttps://www.sec.gov/news/press-release/2018-226
Settlement Requires Musk to Step Down as Tesla’s Chairman; Tesla to Appoint Additional Independent Directors; Tesla and Musk Agree to Pay $40 Million in Penalties
The SEC can't levy criminal charges. They can only levy civil charges, and there isn't a such thing as a felony civil charge. Criminal matters are handled by the FBI, unless the FBI charged him and he went to trial and was found guilty, no felony was ever committed.
Magical that you don't know wtf you're talking about though.
Last edited by Gelston; 04-26-2022 at 12:57 PM.
Ceterum censeo Carthaginem esse delendam
Setting aside your overall cluelessness about pretty much everything in general...
https://fortune.com/2022/04/14/elon-...tesla-twitter/
He talked about this on the TED talk from a week or two ago.
28:00
Or in case you're too stupid to fast forward to the timestamp: https://youtu.be/cdZZpaB2kDM?t=1680
I'm less inclined to believe the government in most situations, and the SEC is notoriously full of shit in general as it is. Like the shitshow they've been wrapped up in with their lawsuit against Ripple (XRP) that they keep making themselves look like stupid corrupt fucks over and over.
Last edited by Methais; 04-26-2022 at 01:22 PM.
How awesome is that that you understand the SEC is responsible for making securities fraud referrals to the FBI. Less awesome that you don't understand that the SEC reached a settlement agreement with Elon Musk whose terms specifically preempted their stated charge of securities fraud from proceeding to the FBI so long as he abided by the terms.
The federal securities statute described under 18 U.S.C. § 1348 is patterned after the mail fraud and wire fraud statutes, and states it's a federal crime defraud anyone in connection with a security or commodity, or to obtain any money or property from the purchase or sale a security, by using means of false or fraudulent pretenses, representations, or promises.shall be fined under this title, or imprisoned not more than 25 years, or both.
Last edited by Seran; 04-26-2022 at 02:24 PM.
The post of mine you quoted said exactly that it is the FBI that does criminal charges. In the case you are speaking of they did not. So there is no felony here. It wasn't a criminal charge or criminal trial. You said he was a felon, you said he was convicted of a felony, he was not. You said they charged Elon Musk with a felony, which they cannot do. Again, you were just wrong.
Last edited by Gelston; 04-26-2022 at 02:36 PM.
Ceterum censeo Carthaginem esse delendam