chapter 7 - An Overview
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Woodbridge issued promissory notes to traders promising steady returns on secured loans. In exchange for funds accustomed to loan to industrial residence proprietors, buyers were promised concerning five and 7% annual fascination, considerably exceeding typically secured returns. These mid-one digit desire gains on lent pounds captivated 1000s of investors. Find out more
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In November, 2007, the 11 prices in opposition to him were stayed after a decide dominated that the lawful wrangling experienced dragged on as well extended, resulting in Mr. Paradiso undue money and psychological anxiety.