Should i invest my money in to my brother in-laws business? He needs cash to pay vendors and taxes. He needs a minimum of 300k. He has been struggling to do bad business partners. His business makes money. It is just a hard one to get financing for. No it’s not illegal.
You should buy the biz and liabilities from him at a discount as you bankrupt the entity in court. All the vendors lose and you get a fresh start.
It’s the american way!