Oh right, because saying "your are bankrupt" or actually declaring bankruptcy means permanently broke and living in public housing or under a bridge.
According to your story of events he would have had to say this in early 2015. He has been C-level at a hedge fund just a few months after getting out of prison in mid 2016.
And of course thats not how bankruptcy works at all.
This story is for extremely gullible and naive people, in order to try and get a summary judgement.
> because saying "your are bankrupt" or actually declaring bankruptcy means permanently broke and living in public housing or under a bridge
Mr. Shrem has "not paid the government $950,000 in restitution that he agreed to as part of his 2014 guilty plea" [1]. It's reasonable to expect him to not be purchasing "two Maseratis, two powerboats — one of them 32 feet long — and a $2 million house in Florida" while simultaneously launching "various partnerships...that had to give money back to investors" just a year out of jail.
