Many years ago as a rookie banker, a colleague of mine found us a get-rich-quick scheme that would help circumnavigate bank policy that prevented employees from doing any business outside of the bank.
The colleague knew “a guy” who lent out money to individuals in dire need of help and “the guy’s” customer demands were growing faster than he could capitalise his business. My colleague approached a number of us in the bank to provide short-term loans in exchange for some serious interest returns, ranging in the lower double digits. We did. Boy did we make good money!
