Hard Money lending or the twilight zone?

Recently overheard on my phone:

Borrower: I am calling about hard money lending. Would you lend on some land in Arizona?

Hardmoney Tom: Sure, tell me what you have. I'm interested in hearing about the property and the borrower.

Borrower: The property is in Arizona, but I cannot tell you where it is. I can say that it is about 90 acres. It was bought about 4 months ago, and now we are wanting to pull some cash out to do some development and some other investing.

Hardmoney Tom: Why can't you tell me where the property is? Also, I want to know how much you paid for the property when you bought it just a few months ago. You mention the word "we." Who is the deeded owner of this land?

Borrower: For confidentiality reasons I cannot tell you where the property is located. Also, I must tell you up front that the price we paid for the property is private information. But believe me, the property is worth at least $15,000,000 dollars now. There is no debt on the property, and the actual owner of the property is a private trust. Also please note: The trustee and beneficiary of the trust will remain undisclosed.

Hardmoney Tom: Sounds like a loan I want to get involved with. I can appreciate the need for secrecy and non-disclosure...

Tell ya what, I have great news! am happy to make you a loan on this deal. I can actually fund this loan on Friday of this week.

Borrower: Wow! I am glad I called you. Tell me about the hard money lending terms you would offer?

Hardmoney Tom: The loan will be for an undetermined amount. The interest rate cannot be revealed. The points for the money will be kept private. The loan will be due within a reasonable time. I am glad we had a clear meeting of the minds, see you Friday...