Two days later, we learned Adrian had not technically mortgaged the house.
He could not.
He had no title.
Instead, he had submitted a personal financial statement representing that he held a 50% beneficial marital interest in the property worth nearly $900,000.
The lender had relied partly on that statement when evaluating his overall financial strength.
Misleading?
Yes.
The same as forging a mortgage?
No.
That distinction mattered.
Then we found something worse.
Margaret’s company had borrowed from Cole Advisory Partners.
That money came from Adrian’s credit facility.
So Adrian had effectively borrowed corporate funds partly based on an inflated picture of his personal wealth and routed a substantial portion to his mother.
How much?
$118,000.
The seventy-two thousand he wanted from me would not launch Margaret’s company.
It would help plug the hole.
I sat in Lily’s office reading the numbers.
“So he’s already given her one hundred eighteen thousand?”
“Through his business.”
“And he wants seventy-two from me.”
“Apparently.”
