Don’t follow Mr Financial Fugitive and leave a mountain of debt

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Meet Mr Financial Fugitive. I’m not privy to all the details, but know that this person skipped the country leaving behind a mountain of debt.

It is the culmination of years of poor decisions that have involved him taking out loans from Peter to pay Paul. And Ali to pay Jassim. Losing his job in the UAE brought the flimsy pack of cards tumbling down.

He’s not only done the dirty with the banks – but his former wife too.

Having made out post-dated cheques to settle money owed, he asked her not to deposit any since February. She complied, not wanting to rock the boat, but subsequently discovered that he’d closed his bank account before absconding.

Read the Full Article at www.thenational.ae >>>>

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