wow...100G loan?? just damn.
Yes, I had given him smaller loans in the past for him to expand a cellphone business he ran, which he did pay back. But he always seemed to be a spoiled brat, always wanting the best of things. Bottom fell out, he lost his business, became a car salesman, then, shudder, a TSA agent. On a tight salary with lots of debts, but wouldn’t give up his free spending ways. My wife and I are both retired, never flaunted what we have from investments. Our message to our kids was always to spend under your means, and leave some for your senior years. Came in handy for us, as my wife is dealing with cancer. You never know what the future holds. Anyway, her brother tried to get money from my wife’s mom (his mom), as “an advance on his inheritance”. Mom also said no. My wife is trustee over her mom’s affairs. Her brother ordered new checks against her account, stole them when they were delivered. My wife monitors the accounts, saw the check order, closed the account. He got a lawyer to try and get control over mom’s affairs. Our lawyer shut him down quick, citing what he did as potential elder abuse. Yeah, TMI, but just showing you the type of person he is. Some poor are very deserving of help; some are just idiots.