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27/03/24

00:25

Post #: 73073512
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Originally posted by hersuit: ↑

Dude...do you own a house?

Say you have a house worth a mill
Ya want to use the equity in your home to buy another property.
You go to the bank and tell them you think your home is worth 2 mill
They come out an value it at what ever they want and agree to give you the loan
You repay it on time with all interest.
The banks are happy and offer you another facility
Eight years later...you get charged for fraud.

That is this case and you think that's a criminal charge of fraud???

Your mad or so naive inexperienced in the real world that there's really no point in discussing these sort fo real world adult issues with you

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Signing legal company reports as true and correct when they are not to obtain financial advantage, is fraud.
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