This is a bad source, it doesn't even tell us what the fraud was or what the case was about. I understand that it is from ARIN and ARIN is the victim, but it doesn't mean it is a good write-up.<p>This article from 2019 is, less bad, but still doesn't explain it very well:<p><a href="https://www.zdnet.com/home-and-office/networking/arin-recovers-735000-fraudulently-obtained-ipv4-addresses/" rel="nofollow noreferrer">https://www.zdnet.com/home-and-office/networking/arin-recove...</a><p>So, they purchased addresses from ARIN (via shell companies), then resold them. They made a profit. That's arbitrage. All the article keeps saying vis-a-vis fraud is they "failed to provide documents."<p>My point isn't even that this isn't fraud, it is just that seemingly nobody is able to write up the case in a coherent way. EXPLAIN THE FRAUD.