I am not quite sure how one commits bank fraud with a secured line of credit.
> I am not quite sure how one commits bank fraud with a secured line of credit. <
I don’t understand that either. It’s Cohen’s own money. He should be able to spend it any way he wants, or give it to whomever he wants.
But it’s said that there are now so many laws that each of us unknowingly commits one crime per day. Maybe that has something to do with it.
Unless he got the loan specifically to do home improvement which would raise the worth of the home?