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Can a bank sue a customer if the customer provided financial reports that overstated the value of the his

Question

Can a bank sue a customer if the customer provided financial reports that overstated the value of the his

business?

Note: the accountant provided ‘draft’ financials and the overstatement was an error by the accountant. In saying this, the bank did approve the loan based on ‘draft’ reports though.

Management

Can a bank sue a customer if the customer provided financial reports that overstated the value of the his