Collapsed company lent founder $4.7 million for ‘personal asset purchases’

by Boo_Randy

Trillions in fake wealth created by the tsunami of central bank confetti-money since 2008 are going to get vaporized as the central bankers’ asset bubbles and Ponzi markets implode under the weight of their own debt, fraud, and mark-to-fantasy accounting.

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www.news.com.au/finance/business/technology/collapsed-company-lent-founder-47-million-for-personal-asset-purchases/news-story/aa6f5276c8288fc38ee9192a9aff603f

Staff were left “shell-shocked” when they lost their jobs and investigations have revealed there was just $20,000 in the bank when it collapsed.

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