Go to Jeff Salisbury LWGate Home Page.From: <WDStancil@aol.com>
Subject: RE: Offshore Banks and Self Liquidating Loans
Date: Wed, 10 Jun 1998 14:46:45 EDT
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In a message dated 6/4/98 12:45:04 PM EST, owner-persfin- digest@lists.xmission.com writes: > Date: Tue, 02 Jun 1998 09:01:41 -0400 (EDT) > From: GenesisMC@aol.com > Subject: Offshore Banks and Self Liquidating Loans > > Does anyone have any information on either of these two issues? Are > offshore > banls really "trust worthy" and how do self liquidating loans work? Some of > the things I have read about each seem too good to be true. And we all know > what they say about something that is "too good to be true". So if anyone > has > more information, good or bad, I would love to hear about it. > > Sorry if this has been answered in a previous issue but I don't always get a > chance to read every issue. > > Thanks in advance, > Rich Flat out and out scams. What's funny is that the self-liquidating loan scam relies on borrowing millions - as if anyone will qualify for millions in loans without millions in collateral! :) - -
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