User-submitted report

Community Loss Claim #5

The Lend East pool was represented as a high-quality emerging market lending opportunity. Recovery communications have been opaque. I allege material misrepresentation of the borrower's financial condition at underwriting. User-submitted report; not independently verified.

Report details

  • Submitted by: Lend East Backer
  • Event: Lend East
  • Reported loss: $25,000
  • Reported loss date: 2022-11-15

Submitter statement

The Lend East pool was represented as a high-quality emerging market lending opportunity. Recovery communications have been opaque. I allege material misrepresentation of the borrower's financial condition at underwriting.

This approved report represents the submitter's views and has not been independently verified. Publication does not constitute a legal finding.