Mary Yugo wrote:
> Even then, as recently as 6 months ago, someone sank another
> half million Euros in Steorn. I found that pretty amazing. I guess
> there are always some people who are beyond help and don't
> listen to reason.
If this is the case and Steorn is a fraud, then those who have invested the
money may appeal to court to get the full monetary compensation. If it is
clear that Steorn has not used invested money for real research, then it is
considered a fraud, and in Europe punishments are quite severe. For example
Finnish aluminium battery inventor Rainer Partanen raised same 1.3
megaeuros of money from investors with his company Europositron and he is
now imprisoned two and half year sentence and was requires to pay back at
least 800 kiloeuros and that sum may rise even further, because not yet all
the investors have appealed for compensation.
This is the reason why it is impossible to make money with a fraud. It may
be possible to get a decent job with false research, but there is no way to
become rich. Because investors may withdraw all the money they have
invested if they are not satisfied for the search and it can be shown in
police investigation that invested money has been misused for leisure
activities. Also fraudulent and exaggerated claims may be, if shown,
considered as an act of fraud, because those who are seeking public money
are not allowed to give misleading information for the investors.
And for the long run it is not satisfactory to do hard research work, if it
is sure that there cannot possibly be decent payback. Please note, that
there are lots of people who genuinely are researching free energy, and
they get appropriate and decent financial support (such as Randell Mills).
The fact that they may not succeed with their research, does not make them
a fraudsters, because at least they have tried to find a creative solution
for the energy crisis. Those, such as Bill Gates, who are investing into
alternative energy research companies, usually know exactly what they are
doing.
—Jouni
