Korean banks sue California retailer Newegg, alleging 'Ponzi scheme'

I care about Newegg, I feel they offer me good prices and service. I bought many things from them over the last decade.

So if this suit succeeds and Newegg takes a massive hit (for seemingly real fraud), a few big dogs will make money and the consumers will get shafted.

Will be interesting to see what happens. Part of me wonders why it's "buyer beware" for the consumer, but if you're a big bank and you get ripped off, it's time to sue everyone you can.