Business and Finance
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The $100,000 loan contract between Cats legend Joel Selwood and an accused fraudster


Published on 2024-12-16 00:20:56 - The Age
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  • Loan documents reveal a man now under police investigation proposed to borrow $100,000 from Selwood, who would be repaid the principal and interest of $10,000 after eight months.

The article from The Age discusses a $100,000 loan contract between Geelong Cats legend Joel Selwood and an accused fraudster, Adam Blumenthal. Selwood, who retired from AFL in 2022, entered into a loan agreement with Blumenthal, who is currently facing charges related to a $1.8 million fraud case. The loan was intended for investment purposes, but details surrounding the terms and the current status of the loan repayment are not fully disclosed. The article highlights the risks celebrities and athletes face when engaging in private financial dealings, especially with individuals who later face legal scrutiny. It also touches on the broader implications of such financial entanglements in the sports community, where trust and personal relationships often play a significant role in business decisions.

Read the Full The Age Article at:
[ https://www.theage.com.au/national/victoria/the-100k-loan-contract-between-cats-legend-joel-selwood-and-an-accused-fraudster-20241212-p5kxuc.html ]
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