Loan with usury rates to an entrepreneur from Novara: the accountant also reported

He was in crisis, so he turned to his accountant for advice on a loan and, in the end, he found himself “throttled” by more than 420 thousand euros in interest. This would be the story brought to light by the Varese Guardia di Finanza and involving an entrepreneur from Novara in...

NOVARA – A Novara entrepreneur in difficulty with his business, not receiving financing from banks, turned to his accountant who acted as an intermediary for an entrepreneur from Gallarate, willing to provide the 300 thousand euros needed. The contract, written by the same accountant, was however a noose: it imposed a transfer of the leasing of his warehouse as a guarantee, in addition to the payment of rent and interest, which amounted to over …