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Seriously: "Fraud Guarantee?" Plus 4 photos I'd like you to look at, and 7 other things worth reading today.

Here’s a stupid name for a company: “Fraud Guarantee.”

It’s what two Ukrainian-born associates of Rudy Giuliani, named Lev Parnas and Igor Fruman, called the company they formed together back in 2013.

Both men have recently pleaded not guilty to charges of funneling foreign money into a U.S. political campaign. That’s about as far into politics and scandal as I plan to go here.

Because truly, the too-strange-for-fiction detail is simply the company name. There are 170,000 commonly used words in English, and this was the best they could come up with? “Fraud Guarantee?”

I’d assumed since the story first broke that there must have been some kind of inside joke I just wasn’t savvy enough to get. But now The Wall Street Journal’s Joe Palazzolo and Rebecca Davis O’Brien report there was something else.

(I’m Bill Murphy Jr. Welcome to Understandably. This article first appeared as part of one of my daily email newsletters. If you’re not signed up yet, here’s how.)

It seems that Parnas (a) prev…