this gets more and more ridiculous by the day. the blatant lies, fraud, and scam is just too much. if this MF'er, and the others involved do not get the hands of justice laid on them it will be a crime in itself. i know GAW is an LLC, but what are the odds that the parties involved actually have to pay back the money to the customers ? it's pretty obvious the ToS is not valid and does not apply.
Suchmoon, am i off my rocker, or will GAW/Josh be held financially accountable for their actions ?
I don't know, we would need to ask our lawyers here eightcylinders and Mr Felt. I
think LLC won't protect him if fraud can be proven AND his personal assets can be located.
I also cannot say as I am not a lawyer, but I have a strong feeling that proof of fraud and intentional deception would also shatter the protections afforded to him by the LLC. It stands for LIMITED liability, not ZERO liability.
There are number of ways that Josh and accomplices can be made to suffer justice despite the LLC:
1) Direct participation in criminal actions. LLC shields from civil liability (lawsuits) but not a very good shield if you are found to have directed and/or used the LLC to commit crime(s). In other words, the LLC doesn't go to jail, the people behind it do. Just ask Arthur Andersen former partners (look it up if that reference dates me lol).
2) Use of the LLC to perpetrate fraud (fraud generally vitiates all legal dams).
3) If an individual is accused of being a "promotor" for sales of illegal securities (e.g., hashlets) the "promotor" has personal liability regardless of whether doing so in capacity as officer or employee of another company. This could apply to resellers too fyi.
4) Piercing the Corporate Veil which happens when the finances and control of a company and it controlling person are so intertwined that the corporation is legally disregarded.
There are other exceptions but these are the ones that seem likely apply here.
