The loans Duran took out dishonestly from banks were his way of showing that this situation was wrong, he said. He started slowly. He tried to take out a few bank loans using his real details. The banks said no. Then, he learned how to get money from the banks. “I was learning all the time.” By the summer of 2007, he learned how to make the system work – he took out loans under the name of a false television production company. This way, he got a lot of money. €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