Sports and Competition Sports and Competition

The $100k loan contract between Cats legend Joel Selwood and an accused fraudster


Published on 2024-12-15 14:20:50 - 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 Football Club 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 $1.6 million fraud case. The loan was intended for investment purposes, but details surrounding the terms and the current status of the repayment are not fully disclosed. The article highlights the risks celebrities face when engaging in private financial dealings and the broader implications of such associations, especially when one party is embroiled in legal troubles. It also touches on Selwood's reputation and the potential impact on his public image.

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 ]