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Half his real-estate projects are just paper...
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Empty lots he paid a loan officer to sign off on.
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He borrowed against those to finance other deals,
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but with the market cooling, he's bleeding money,
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and the art is all he has.
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Without the insurance payout, it all comes crashing down.
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What do I do?
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Well, you could go to jail...
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10 years, give or take.
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You could run.
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Statute of limitations is about 20 years.
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Or you could fight back.