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submitted 1 year ago by Old_Geezer@lemmy.ml to c/toronto@lemmy.ca

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[–] invisiblegorilla@sh.itjust.works 7 points 1 year ago (1 children)

Its money laundering.

[–] Old_Geezer@lemmy.ml 0 points 1 year ago (1 children)

Hadn't thought of that. How would they get their money out if the asset can't be sold?

[–] invisiblegorilla@sh.itjust.works 3 points 1 year ago

I don't think it would matter. Put a loan against it. If the debt defaults, someone else inherits it..