Frank Amedeo
👤 SpeakerAppearances Over Time
Podcast Appearances
Right.
So this company could go out and say, hey, your company is – were they actually soliciting business? Or were people going to them and saying, hey, I have a company. I need to borrow PPP money. Can you help facilitate that?
So this company could go out and say, hey, your company is – were they actually soliciting business? Or were people going to them and saying, hey, I have a company. I need to borrow PPP money. Can you help facilitate that?
So this company could go out and say, hey, your company is – were they actually soliciting business? Or were people going to them and saying, hey, I have a company. I need to borrow PPP money. Can you help facilitate that?
Right. All right? Well, plus, for them, it's— They make money on it. They're just brokers, right? That's exactly right.
Right. All right? Well, plus, for them, it's— They make money on it. They're just brokers, right? That's exactly right.
Right. All right? Well, plus, for them, it's— They make money on it. They're just brokers, right? That's exactly right.
Right.
Right.
Right.
No, I was just thinking, I got caught by Washington Mutual multiple times. Okay. I mean, I got caught by numerous banks, and they were like, refinance the loan, get us our money back, or hey, pay us our money back. And they never called anybody. Even if they threatened to call, it was always like, well, if you don't do this, we'll call the FBI. But in the end...
No, I was just thinking, I got caught by Washington Mutual multiple times. Okay. I mean, I got caught by numerous banks, and they were like, refinance the loan, get us our money back, or hey, pay us our money back. And they never called anybody. Even if they threatened to call, it was always like, well, if you don't do this, we'll call the FBI. But in the end...
No, I was just thinking, I got caught by Washington Mutual multiple times. Okay. I mean, I got caught by numerous banks, and they were like, refinance the loan, get us our money back, or hey, pay us our money back. And they never called anybody. Even if they threatened to call, it was always like, well, if you don't do this, we'll call the FBI. But in the end...
you know, they didn't call the FBI.
you know, they didn't call the FBI.
you know, they didn't call the FBI.
Because they didn't, you know, at the time, even if, to be honest, even at the time, I thought that they don't want anybody, no matter what, they didn't want anybody, the FBI looking through their files. And at one point, I was actually had a guy with a bank called, it was Pinnacle Bank Corp. It was a small bank in Chicago. It actually went under. But the owner was a guy named Gary Bond.
Because they didn't, you know, at the time, even if, to be honest, even at the time, I thought that they don't want anybody, no matter what, they didn't want anybody, the FBI looking through their files. And at one point, I was actually had a guy with a bank called, it was Pinnacle Bank Corp. It was a small bank in Chicago. It actually went under. But the owner was a guy named Gary Bond.
Because they didn't, you know, at the time, even if, to be honest, even at the time, I thought that they don't want anybody, no matter what, they didn't want anybody, the FBI looking through their files. And at one point, I was actually had a guy with a bank called, it was Pinnacle Bank Corp. It was a small bank in Chicago. It actually went under. But the owner was a guy named Gary Bond.
And he actually came down at one point. They caught us with a couple million dollars in fraud. They sold it to Household Bank. And they basically were like, look, just promise me if these loans come back on us, you'll help us get rid of them. And we're like, no problem, because I don't have two million to pay you. He actually came down a few weeks later and met with me and some of my brokers.