What happens to individuals who max out loans & flee the country?

884 viewsOther

More specifically, when someone takes out the highest loan amount from the bank that they can & then flees the country in order to not pay it back, what exactly happens in such cases?

In: Other

26 Answers

Anonymous 0 Comments

Absconding is a crime. Adding fraud to this for a large amount makes this felonious. You’d be extradited from the country you fled to, unless you fled to a non extradition country.

You are viewing 1 out of 26 answers, click here to view all answers.