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Tag: iridum

  • More from the business of borrowing money to buy more junk

    More from the business of borrowing money to buy more junk

    —

    by

    Mark Camilleri
    in

    Another participant in the shady business of borrowing money to buy junk assets are DF Advocates who bought Bank of Valletta’s non-performing debt for around €26 million. Kevin Deguara and Jean Carl Farrugia of DF Advocates are being charged in the Vitals and Steward money-laundering case. DF Advocates bought BOV’s junk loans with Polymath &…