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by hnav 13 days ago
shady debt offloading onto its sibling financing entity, which is run by Carvana CEO's father, a man convicted of fraud
2 comments

> a man convicted of fraud

Most practitioners in the field see that as a very strong signal of future fraud.

At that level they call it financial engineering.
> financing entity, which is run by … a man convicted of fraud

I didn’t think that was allowed.

Commander in chief got convicted in NY before being re-elected, I think everything's allowed these days.