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What I don’t get is why we don’t consider it fraud to knowingly take a loan you have no intention of paying back.
by chongli 3y ago
What I don’t get is why we don’t consider it fraud to knowingly take a loan you have no intention of paying back.
- gruez 3y ago1. It is fraud 2. Is there any evidence that's ever the case from PE firms? Startups fail all the time, but I wouldn't characterize them as "knowingly take a loan you have no intention of paying back"