registerme
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Post by registerme on Jun 29, 2015 17:13:03 GMT
Borrower is a PEP, and enough of a PEP that his bank has declined to deal with him, so Saving Stream steps in.
hummmm.
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jonah
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Post by jonah on Jun 29, 2015 17:43:50 GMT
Borrower is a PEP, and enough of a PEP that his bank has declined to deal with him, so Saving Stream steps in. hummmm. They became a PEP during the timeline of the loan (or recently declared that to their bank).
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ramblin rose
Member of DD Central
“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
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Post by ramblin rose on Jun 29, 2015 18:18:59 GMT
And this particular borrower has been with SS since it first started, so no reason to have concerns I'd have thought.
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Post by solicitorious on Jun 29, 2015 18:21:32 GMT
If it's the same guy, a very interesting back story worthy of a Frederick Forsyth novel! Google is your friend... Where exactly is that yacht again?  |
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paulg
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Post by paulg on Jun 29, 2015 20:45:10 GMT
If it's the same guy, a very interesting back story worthy of a Frederick Forsyth novel! Google is your friend... Where exactly is that yacht again? Yes, I worked out who he most probably was from a quick google a while back. I'd rather not have any funds in that direction.
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j
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Penguins are very misunderstood!
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Post by j on Jun 29, 2015 22:10:37 GMT
If it's the same guy, a very interesting back story worthy of a Frederick Forsyth novel! Google is your friend... Where exactly is that yacht again? Yes, I worked out who he most probably was from a quick google a while back. I'd rather not have any funds in that direction. , appreciate you cannot divulge your findings re:identity on the public forum but can you elaborate on your thoughts? I actually bought more of the yacht today when it became available as I feel the ltv is very secure! Constructive thinking to the opposite effect would be welcome to balance anything I might have missed
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Post by biggles on Jun 30, 2015 6:17:25 GMT
paulg, appreciate you cannot divulge your findings re:identity on the public forum but can you elaborate on your thoughts? I actually bought more of the yacht today when it became available as I feel the ltv is very secure! Constructive thinking to the opposite effect would be welcome to balance anything I might have missed Can't see why not, if it's factual and in the public domain via a search engine?
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webwiz
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Post by webwiz on Jun 30, 2015 6:26:40 GMT
Can't see any harm in posting the google terms you used.
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paulg
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Post by paulg on Jun 30, 2015 7:10:15 GMT
Can't see any harm in posting the google terms you used. The loan particulars contain the name of the property.
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Steerpike
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Post by Steerpike on Jun 30, 2015 8:56:57 GMT
My oh my, the perfect tabloid story.
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registerme
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Post by registerme on Jun 30, 2015 9:33:27 GMT
Leaving aside whether or not the borrower is actually a PEP, I can understand why a bank might be reluctant to lend to them.....
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11025
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Post by 11025 on Jun 30, 2015 11:02:02 GMT
Looks like he knows how to party 
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Post by solicitorious on Jun 30, 2015 11:09:08 GMT
Question is. Why does he need to borrow money?  |
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sam i am
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Post by sam i am on Jun 30, 2015 19:22:48 GMT
If it's the same guy, a very interesting back story worthy of a Frederick Forsyth novel! Google is your friend... Where exactly is that yacht again? Slightly delayed reply but to follow the cryptic answers given in this thread I could point out that the vessel valuation report contains the yacht's IMO number.
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will
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Post by will on Jul 2, 2015 10:28:53 GMT
Thanks. The IMO tip got me a bit closer but I still haven't got the Frederick Forsythe bit (One of my favourite authors) Anybody care to PM me the final link? P.S. I thought this yacht was supposed to be tied up in a safe place i.e. under SS's wing ? |
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