Loaned a friend $50K in 2022. It was supposed to be paid back in 1-year, with a severe penalty. He was paid back $25K, then he gave him another $50K. So he is out $50K.
Loaned a friend $50K in 2022. It was supposed to be paid back in 1-year, with a severe penalty. He was paid back $25K, then he gave him another $50K. So he is out $50K.