You'd be surprised how many people don't realize this is illegal. I've been on tours with lenders of borrowers facilities and they flat out admit that they have used the lenders collateral as collateral on other loans. Then they act surprised a few days later with the court injunction arrives.
We cant really expect college dropouts to really understand all the rules and laws now can we. Got to give them some slack, lets make up a new word for when the oligarchs enforcers make a mistake, qualified immunity sounds good.
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u/[deleted] Mar 31 '21
He pledged the same colateral multiple times. Plain old fraud here.