Tag: iridum
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More from the business of borrowing money to buy more junk
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 &…