Bankruptcy fraud is a crime. While difficult to generalize across jurisdictions, common criminal acts under bankruptcy statutes typically involve concealment of assets, concealment or destruction of documents, conflicts of interest, fraudulent claims, false statements or declarations, and fee fixing or redistribution arrangements. Falsifications on bankruptcy forms often constitutes perjury. Multiple filings are not in and of themselves criminal, but they may violate provisions of bankruptcy law. In the U.S., bankruptcy fraud statutes are particularly focused on the mental state of particular actions.
Bankruptcy fraud should be distinguished from strategic bankruptcy, which is not a criminal act, but may work against the filer.
Thursday, March 13, 2008
Bankruptcy fraud
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Wednesday, March 12, 2008
The Origin of Life
Fundamental religious concepts center around special creation and belief in the infusion of life into inanimate substance by God or another superhuman entity. On the other hand, many scientists have hypothesized that during an early geological period there gradually formed in the atmosphere increasingly complex organic substances composed of available inorganic compounds and water, utilizing ultraviolet rays and electrical discharges as energy sources. At a certain stage they formed a diffuse solution of “nutrient broth.” Then in some way they were drawn together and developed the capacity for self-renewal and self-reproduction. In 1953, S. L. Miller synthesized several of the most basic amino acids in a glass flask by introducing an electrical discharge into an atmosphere of water vapor and some simple compounds thought to have been present naturally at the time when life first developed on earth. A more recent theory now widely held is that life originated in a volcanic setting more than 3.5 billion years ago, perhaps in hot deep-sea vents, utilizing a biochemistry based largely on sulfur and iron. The theory that life on earth came in a simple form from another planet has had small currency, although the discovery by Melvin Calvin of molecules resembling genetic material in meteors has given it some force.
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