infolio

Chapter 14 - Northbridge was not part of the scheme

Everyone wanted the lender to be villainous.

It was not.

Northbridge Capital had asked for:

Proof of ownership.

Appraisal.

Insurance.

Custody arrangement.

They had no idea Thayer did not own the ring.

When attorneys contacted them, they produced email:

Please confirm asset is owned by borrower or that owner will execute collateral consent.

Thayer had not answered yet.

His note to himself:

Handle after wedding.

Meaning:

He still needed some way around that consent problem.

Maybe he planned to forge? No evidence.

Maybe he hoped lender would accept control documentation.

Unknown.

Prosecutors did not invent the next crime.

Northbridge closed the file.

May you like

No funding.

No wrongdoing found on their part.

Related Stories

Other posts