The loans Duran swindled from banks were his way of regulating and denouncing this situation, he said. He started slowly. “I filled out a few credit applications with my real details.  They said no, but I just wanted to understand what they were asking for.” From there, the former table-tennis coach began to set up a confusing web of accounts, payments and transfers. “I was learning constantly.” By the summer of 2007, he had discovered how to make the system work – he applied for loans under the name of a false television production company. “Then, I managed to get a lot.” €492,000, to be exact.
How much money did Duran manage to take out in loans?
€492,000 in total A lot, with the largest single loan amounting to €492,000 The banks refused to give him money He refused to disclose the total amount