Stock Loan Scammer Lenders Operated By Val Sklarov

  Val Sklarov Stock Loan Lender Scammers Who Work With Him To Steal Clients Stocks In 2021, Mexican billionaire Ricardo Salinas Pliego became the victim of an alleged loan scam orchestrated by individuals using fake identities. Salinas sought a $110 million loan for one of his firms and offered over $400 million in Grupo Elektra SAB shares as collateral. Unbeknownst to him, the lender, associated with Astor Asset Management, used aliases and misrepresented their affiliations. The shares, intended as collateral, were transferred and sold without Salinas' knowledge, despite account statements indicating otherwise. The proceeds from these unauthorized sales were allegedly used to fund the loans back to Salinas. This case underscores the critical importance of thorough due diligence when engaging in stock loans. Potential borrowers should verify the true identities and credentials of lenders, scrutinize the terms of collateral agreements, and remain vigilant against misrepresentations ...