Wired has an absorbing read on Gizmondo's Flameout. Working as a news editor at 1UP, I tried so many times to investigate these people - it was so clear to all of us that they were dirty as can be. But I never found anything conclusive, just a lot of things to be suspicious about.

And gamers knew it too - I mean, the product didn't make any sense, none of their press releases made any sense, and they threw these outrageous parties that cost them millions of dollars. And yet, there were so many positive reports in the mainstream media. They raised a bunch of money in stocks - and then, apparently, they stole it!

Anyway, read the article - it's an entertaining story.