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Loan company deals in ‘immortal souls’

Jul 08, 2009
By Monika Hanley

RIGA - Kontora Loan Company of Latvia, in the face of the worst financial crisis in the European Union, is offering unique loans to those who have nothing to offer for collateral. The company will shell out the loan in exchange for a guarantee of their clients’ “immortal souls.” The widely publicized company is headed by Viktor Miroshenko, 34. Kontora offers loans from 50-500 lats (700 euros) to residents of Latvia, requiring only a first name and a signature for the contract, no docum ...

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