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Benzinga
Benzinga
Business
Casey B. Renner

He Lost Nearly $130K And Was Left With Only $25K After His Best Friend Of 25 Years Took Out Hidden Loans And Sank Their Business

Get Finances in Order

A man lost nearly $130,000 and was left with only $25,000 after a longtime friend drained their business accounts and hid multiple loans. 

The original poster shared on the r/Money subreddit that he was describing someone he knows who entered a venture with a best friend of 25 years. OP wrote that the friend controlled the paperwork and finances, which later revealed debts and withdrawals the man never approved.

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