• alvvayson@lemmy.world
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    2 years ago

    If he also paid tax on those inflated value, then go right ahead.

    It becomes problematic and fraudulent when you want to pick and choose.

    • Astroturfed@lemmy.world
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      2 years ago

      Securing loans against inflated equity is fraud and problematic regardless still. It’s like if a normal person was to Photoshop bank statements and paychecks to secure a mortgage they didn’t qualify for. It’s fraud and it’s a felony.