Yeah, the interest idea doesn’t make sense, especially since for most of the 21st century the interest on savings accounts has been negligible.
If it cost $6 on the $1500 loan, that’s most (of not all) of the interest right there, and it takes time for that interest to accrue significantly. It’s not going to happen in a couple of days.
If this was the scheme, then your ex-boss was no criminal mastermind.
Yeah, the interest idea doesn’t make sense, especially since for most of the 21st century the interest on savings accounts has been negligible.
If it cost $6 on the $1500 loan, that’s most (of not all) of the interest right there, and it takes time for that interest to accrue significantly. It’s not going to happen in a couple of days.
If this was the scheme, then your ex-boss was no criminal mastermind.