Set up a shell company. Set up a trust somewhere with no capital gain tax. Shift ownership of the shell to the trust. As the shell, come to an agreement in principal with the bank to buy it. Use this as colateral to raise a loan from the bank for the purchase amount. Transfer the debt to the bank as part of the merger with the shell company. The bank now basically owes itself to itself. Sell the combined company from the trust, thus avoiding capital gain tax.
Loan was not approved. What now?
Set up a shell company. Set up a trust somewhere with no capital gain tax. Shift ownership of the shell to the trust. As the shell, come to an agreement in principal with the bank to buy it. Use this as colateral to raise a loan from the bank for the purchase amount. Transfer the debt to the bank as part of the merger with the shell company. The bank now basically owes itself to itself. Sell the combined company from the trust, thus avoiding capital gain tax.
Set the bank on fire and try the next one
Brute force loan application: Keep trying random identities until one goes through.
pulls out minigun from payday 2
loan approved
😎