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The European Investment Bank says it will examine whether VW used any EU loans to cheat on emissions tests and could demand money back.
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The European Investment Bank EIBB) will examine whether Volkswagen used any loans from the European Union to cheat on emissions tests for diesel vehicles and could demand money back, EIB chief Werner Hoyer told a German newspaper.
Once a borrower has his loan, he may try to cheat.
In the fraud, Mr. Constant and his collaborators used straw home buyers, falsified information on loan applications and inflated appraisals to cheat lenders.
In good times, greedy bankers would have the incentive to cheat; for example, by making loans to offshore holding companies that would then pass on the money to Florida condo-buyers.
"Using deceptive practices to cheat people out of their pensions by enrolling them in backdoor high-interest loans will not be tolerated in our state," Mr. Cuomo said in a statement.
All right to cheat?
"I get to cheat.
Everyone is cheating, and I refuse to cheat".
Is "intending to cheat" the same as actually cheating?
"Born to Cheat... " he sang.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com