Thursday, December 10, 2015

U.S. Congressional Panel Examines Loan to San Bernardino Shooter - Bloomberg Business

U.S. Congressional Panel Examines Loan to San Bernardino Shooter - Bloomberg Business



Syed Rizwan Farook, a U.S. citizen who worked for the government, had obtained the loan through Prosper Marketplace Inc. a few weeks before authorities say he and his wife carried out the Dec. 2 attack, a person with knowledge of the matter said Tuesday....

His application for more than $28,000 was clean, and he said he would use the money to consolidate debt, a person familiar with the transaction said Tuesday, asking not to be identified because it was confidential. Refinancing is one of the most-common stated uses for loans arranged through the service.
Farook wasn’t on federal lists that lenders use to check borrowers for ties to terrorism, according to Scott Sanborn, chief operating officer at LendingClub Corp., one of Prosper’s main competitors.

No comments:

Post a Comment