FRAM Goes Bankrupt - Founder frigs off with $700 million

adri

Well-known member
Site Supporter
Real receipts? Nah. Fake receipts? Hell yeah!

Even when real receipts were used, they magically ballooned from US$179.84 to US$9,271.25, a 50x oopsies, tee hee!

The company was ordered to give millions of dollars of 'business' to another company owned by the founder (Patrick James), also they needed half a million dollars for a Celebrity Guest in 2025, because who doesn't these days?

The Board: "Do we really need 10 exotic cars?"
Patrick James: "Ten?!" (proceeds to buy seven more)

A half dozen properties including an NYC townhouse with $3mil in rent, jfc.

By the time First Brands (FRAM's parent company) filed for bankruptcy in September, it had just $12 mil US left in the bank... it's rumoured the founder over there made off with $700 million bucks.
"Prove it."
- Pat's lawyers.


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Real receipts? Nah. Fake receipts? Hell yeah!

Even when real receipts were used, they magically ballooned from US$179.84 to US$9,271.25, a 50x oopsies, tee hee!

The company was ordered to give millions of dollars of 'business' to another company owned by the founder (Patrick James), also they needed half a million dollars for a Celebrity Guest in 2025, because who doesn't these days?

The Board: "Do we really need 10 exotic cars?"
Patrick James: "Ten?!" (proceeds to buy seven more)

A half dozen properties including an NYC townhouse with $3mil in rent, jfc.

By the time First Brands (FRAM's parent company) filed for bankruptcy in September, it had just $12 mil US left in the bank... it's rumoured the founder over there made off with $700 million bucks.
"Prove it."
- Pat's lawyers.


View attachment 79786
They filtered more than oil.
 
Damnit…why was I born poor and with a conscience without the knack to rip others off.

Seems the only people getting f$&ked are the honest ones.

Meanwhile crooks make out like…well I guess…bandits.
 
Damnit…why was I born poor and with a conscience without the knack to rip others off.

Seems the only people getting f$&ked are the honest ones.

Meanwhile crooks make out like…well I guess…bandits.
Think about the housing market.

The governments create a demand for subsidized housing for the poor through bad planning.

The middle income gets poorer paying for the housing.

The rich developers pocket the profits.
 
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