facebookHi Community, if someone found a loophole in the banking system where he can generate money out of nothing and if he make use of this loophole, will he get arrested? - Seedly
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Anonymous

Posted on 29 Jul 2020

Hi Community, if someone found a loophole in the banking system where he can generate money out of nothing and if he make use of this loophole, will he get arrested?

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4 answers

Discussion (4)

Aik Kai

Aik Kai

Level 11. Master

Posted on 13 Aug 2020

Depends. If this is a loophole, it means there are no rules covering it yet. So tehnically, you should not be arrested.

But questions will be raised somewhere down the road and if you cannot answer them or validate your wealth increase, there will definitely be a investigation and it depends on the outcome of the investigation.

Highly advise not to do it.

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Frankie Rappaport

Frankie Rappaport

Level 16. Sage

Updated on 31 Jul 2020

Depends completely on if there are laws or regulations against it or not.

possibly not sustainable ...ā€‹ā€‹ā€‹

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Check out trading arbitrage.. the bankers themselves use this to generate little to risk free profit...

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