Who said it was fraudulent? Not I. All I have ever said is it ain't transparent as sold. Any one who believes it is transparent probably believes in Father Christmas and The Easter Bunny as well but that's for them to live with.
I prefer to deal with fact not blx. The latter [blx] includes what a copper may or may not have said which is hardly germane to the running of limited company which seems to be the topic under discussion.
Goncalo Amaral said so ~ or insinuated, if you prefer ...
The Truth of the Lie
Chapter 18**snip
During a more relaxed moment at one of these meetings, I come out with an ill-judged comment. Inopportune or undiplomatic, but this is my reasoning: thinking about the kinds of crime that may have been committed if the McCanns were involved in their daughter's disappearance, something occurs to me. If they were involved in one way or another, then a crime of fraud or abuse of trust is a possibility concerning the fund that was set up to finance the search for Madeleine. Donations have reached nearly 3 million Euros.
If such a crime exists, Portugal would not have jurisdiction to investigate and try it. The fund being legally registered in England, it would be our English colleagues who would deal with the case. Our English colleagues then realise a hard reality: the strong possibility that they would have a crime to investigate in their own country, with the McCann couple as the main suspects: a prospect that does not seem to appeal to them. I notice a sudden pallor in the faces of those British people present.
http://goncaloamaraltruthofthelie.blogspot.co.uk/2009/06/chapter-18.html ... and despite his concerns 'the company' has been and is run well within all lawful parameters ~ unless you know to the contrary.