He mentioned that he was starting a physical bitcoin business in the Philippines, and that he was working on getting a fiat loan. He was supposed to pay me back with the money he got for his business loan.
In retrospect, paying back a loan by taking another loan should have been a big red flag.
Agreed, but I don't believe that was his plan originally. He didn't mention that intent until January, after I had already given him the loan and an extension.
Thanks to all the folks who are active in the Philippine local for taking this so seriously. I want you all to know that I will never equate one person's actions to a whole race or ethnicity, and I hope this doesn't spur any bias against Filipinos on the forum.