Wymer and others tried to justify their schemes by saying that there was an economic downturn and it was necessary to pursue risky investments and hide information from regulator to try to recover. This might have been more believable had it not been for:

Question

Quizplus · Accepted Answer

The fact that Wymer and others were amassing personal fortunes while claiming the need to pursue risky investments suggests that their actions were not solely motivated by a desire to recover from the economic downturn. This indicates potential fraudulent behavior.

Wymer and Others Tried to Justify Their Schemes by Saying