Trump ordered to pay over $350M for business fraud

Read the thread.

 

Well, he is trying to get the Supreme Court to place him above the law.

 

They have plenty to worry about. At any time for political purposes any business executive who does business in the state of New York can be investigated for no reason.

Are you claiming thag the Justice department of the NY goes through each and every set of loan application documentation looking for an excuse to prosecute?

 

One loan ???

"He determined the Trump Organization saved on interest for the properties:

$72,908,308 for the Doral Resort;

$53,423,209 for the Old Post Office loan;

$17,443,359 for Trump International Hotel & Tower in Chicago;

and $24,265,291 for 40 Wall Street."

https://edition.cnn.com/2023/11/01/politics/trump-fraud-168-million/index.html

 

Trump's team should use Hochul's "It's a one and done" statement at appeal.

 

Its about the law, he falsified financial documents, or had them done that way and he signed them, that is fraud.
The fine is asses by a independed auditor, based on the advantage he gained, top it off with 9% interest as per NYC law.

Do you understand " It is the Law " he broke?

You brake the law and get caught you get nailed

 

Mar-a-Lago is "deed restricted" such that it cannot be used for any purpose other than as a private club.
Which Palm Beach allows for property taxing on member revenue.

Its a 62,000 sq ft ocean front property on 17 acres with the beach in the front and the indian river in the back.
Single parcels of land there sells for over 150 million.
10,000 sq ft mansions without beach front property in that area sell for 40 million and more.

THis judge declared that Trump over valued his property based of the Palm Beach member assessment tax of 18 million which is idiotic at best.
Deutsche bank stated they used their own assessment as no bank in history provides millions on loans without their own evaluations on property.
You can't even get a car loan based on your word as to what the value of a car is, much less real estate.

Just because Trump claims his property is worth (X) doesn't magically mean that the bank just decided to take his word for it and give him what ever he wants.
Not to mention Deutsche bank stated they were not defrauded.

So this is going to be the knew rule now? You get a home loan and if you misstated or exaggerated what you think your house is work, you have committed bank fraud?
Even when the bank says you didn't?

Please

 

DB so stated that they were not damaged. How was New York damaged?

 

The “Get Trumpers” are champions of goodness. Trump is evil. Therefore the “Get Trumpers” are justified in using any and all perversions of the “law” to destroy Trump.

This prosecution and trial are right out of the little Joe Stalin playbook. The only difference is that Trump wasn’t liquidated immediately after the trial.

 

Luckly most don't listen to those 15%ers any more. They have been caught in so many fake claims over the last 7 years, they are just hot air in the background.

 

Aww, having to edit down my posts this early? That doesn’t bode well.

the court proved trump lied about the square footage, the occupancy rates, the types of occupancy and renovation data.

On a commercial loan application, this is fraud

That they had testimony that further showed trump made up valuations and then have his team rework financial documents to match that valuation is even more damning.

But good on you for attempting to answer even one question.

 

You trying to compare a home loan to a commercial investment loan shows just how much you comprehend this ruling.

 

You may think they have plenty to worry about, but your worries are not rooted in reality.

A person who has engaged in persistent deceptive and fraudulent business practices, has themselves provided the evidence necessary to be called to account in a court of law.

Meanwhile, honest people are going about their daily business as usual.

Sorry that's not as exciting as believing you're living in Stalinist Russia.

 

All of those variables are time dependent. Any discrepancies in square footage are easily resolved. Where are the lies? This is nothing but politicization of the Justice system. Again does the NY Justice department go through this detailed scrutiny on every loan or other financial transaction? Are you sayghat they just stumbled on to this? Was Trump targeted?

 

Trump is living in the Stalinist Soviet Union. Tomorrow you or I could be at the whim of the NY Justice department.

 

I am going to give you the same treatment you have been doing for this entire thread


trump committed fraud

 

lots of civil infractions have no victim, even crimes that result in prison sometimes don’t have a victim

 

This is the 5th (or 6th) fraud ruling against the trump family or their business. That his base believes he is being suddenly targeted seem to be ignoring his history

It could just be that he is a fraud…

 

So you apparently agree that Trump was targeted. Trump was targeted because he is running for President in 2024. Where is the evidence of persistent deceptive and fraudulent business practices? If that is true why dies DB continue to lend him money?

 

That is not true. He was the target of a politically motivated prosecutor and politically motivated judge.

 

The judge didn't base his ruling of overvaluation on the $18 million property tax appraisal. Which, incidentally, is one end of the range he cited, of $18 to $27.6 million.

He cited those values to illustrate the lower tax appraisals resulting from the conservation easement he signed.

And this is what mattered for valuation purposes - the conservation easement, which also made it fraudulent to value Mar-a-Lago as a residential or development property, because it could not be used as such.

That is why it was overvalued - Trump fraudulently ignored the property restrictions and valued according to comparables which were not restricted.

This was illegal, regardless of what any other party did or did not do.

 

I don't "apparently" anything. You will know what I do or don't agree with, because I will say do.

Trump was prosecuted because he broke the law.

A monitor now has oversight over Trump Org's financial records and documents, including those which he is obliged to provide to third parties.

 

Could be ... lol

 

That is absolutely hilarious

 

Really, show us what makes Trumps assumption as to his property value illegal
I can't wait to her this