Grow-op was financed by banks!

Grow-op was financed by banks!

Postby Alan » Wed Jun 23, 2010 11:30 am

http://www.theprovince.com/business/Gro ... story.html

I want to know what their banker's name is!
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Re: Grow-op was financed by banks!

Postby jeffcm » Mon Jun 28, 2010 11:42 am

By looking at the history, seems like the house is known for "Grow-op" and got busted for few times. Does bank usually check those record before refinancing? :o
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Re: Grow-op was financed by banks!

Postby findahost.co » Sun Aug 08, 2010 10:15 am

Yes I have the same question; I was always under the impression that banks are generally very careful and cautious would generally take some basic search of assets and revenue. Wouldn't that raise some questions.

But since it isn't a new loan perhaps they didn't bother to do the general check up
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