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Uhhh guys... Chinese Energy Company Gave $5 Million Non-Secured, Forgivable Loan to Biden ‘Family’ (www.breitbart.com) 🛏️ SLEEPY JOE 🛏️
posted ago by Toys ago by Toys +6543 / -0
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– TEXinLA 5 points ago +5 / -0

Interest free loans are illegal in the US. Since they are classified as gifts.

As per Ric Grenell, now on Fox Business.

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– coyote_777 2 points ago +2 / -0

iirc, it has to be above $100k to be illegal; or is that just a tax thing?

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– TEXinLA 2 points ago +2 / -0

Ric Grennell didn't mention a figure. Just "interest free loans are illegal in the US since they are gifts" or similar.

And most likely related to loans between companies/businesses, not family or friends.

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