Trump ordered to pay over $350M for business fraud

The President followed the advice of the “experts”. What did the ecpertd do wrong? What should Trump have done differently ?

 

Yes. Gas prices were Biden’s fault even though a president has no control over that, but Trump isn’t responsible for his own incompetence and inaction as president. The Orange Fecalmatter wants to force his incompetence on everyone again and the illiterati want to help.

 

I’m afraid that his lawyers won’t be so clueless.

You realize that social media isn’t where you make legal arguments on appeal, right? LOL!

 

Why are high gas prices Biden’s fault? What Biden policies resulted in high gas prices?

 

That was sarcasm, my friend. Don't they permit that in the GOP these days?

 

What's really sad is that you choose not to inform yourself and, as a result, have posted a series of false statements.

The charge wasn't bank fraud. The distinction is important. Please inform yourself. The Decision is actually a pretty easy read. It even contains a section on the
complaint and the history of the laws behind it.
The bench trial was prescribed by the law that controlled the proceeding. Additionally, Trump's lawyers never requested a jury trial. Please inform yourself.

The value of Mar-A-Lago was only one part of the 7 counts upon which the fine was calculated. Trump's "expert" witnesses discredited their own testimony as did
the Orange Stain himself by doing such things as claiming one of his buildings had 72 stories when it was listed on a prospectus as having 63. He also claimed that same building was operating at a $20 million profit when in reality is was operating at a multi million dollar loss. Please inform yourself.

The Orange Stain IS a very bad person and has already degraded our form of government and our future. Our only hope to roll back his evil is to make
a huge example of him. To discourage behavior like this in the future.

 

You stated that it was Biden’s fault. And you deny that it is Biden’s fault. Which is it?

 

Good one.
New York Democrats ADMIT To Targeting Trump

 

You bore me. Be gone.

 

You have plenty of sarcasm but no fact based opinions.

 

You realize government documents are something you can’t spin and distort….
8th amendment, educate yourself and get back to us.

 

So, you quoted a lawfirm instead the actual statute? Oh, Christ....

 

He falsified nothing the value he places on his property is his SUBJECTIVE view and the banks based their decisions on their own apprasials and calculations. And you nor the judge nor the DA can determine what "advantage" if any he gained. That is entirely conjecture and baseless speculation.

 

Show me the calculation and the damages insued and by whom.

 

It is a political vendetta.....welcome to modern leftist politics.

 

https://www.nytimes.com/interactive/2024/02/16/nyregion/trump-fraud-engoron-decision-annotated.html

 

Since 2018, this is the third time Trump has been caught for fraud.

25 million in damages for his fake university.

Laeticia James (again) closes his fake charitable foundation for fraudulent use.

And malfeasance in connection with his property appraisals.

It's not as if any of this is new.

 

They will be. I'm quite sure that in the near future, Letitia is going to get a taste of her own medicine when politicians base their campaign on "getting her". She better hope she doesn't have digital communications with the other lawfare participants, as they are discoverable with the right computer forensics team with a mission. But even if they aren't found, I'm sure her political opponents can find some crazy interpretation of an obscure law to "get her". Like (Stalin's deputy?) said, Show me the man, and I'll show you the crime."

 

Here's a simple example, albeit a long read. You can just read the highlighted parts if you like. No appraisals needed in this one.

"Ferry Point
In February of 2010, NYC Parks published an RFO for operation and maintenance of a golf
course at Ferry Point Park in the Bronx. PX 3290. NYC Parks was seeking an “entity that ha[d]
the financial wherewithal to ensure that the course is maintained at a high level and also any
other capital work that would be necessary.” TT 2793-2794. NYC Parks was particularly
focused on the financial capability of a potential operator, as it had already invested $120 million
in Ferry Point and “wanted to be sure that whoever we had operating the course had the financial
capability to deliver on their obligations including making sure the course was operating and
working every day.” TT 2794-2796. The RFO further stated that all offers had to include
“financial statements and other supporting documentation of the Responder’s financial worth.”

In March 2010, the Trump Organization submitted an offer in response to the RFO; the offer
included a letter from Mazars that indicated that according to Donald Trump’s 2009 SFC, which
Mazars had compiled, Donald Trump represented that his net worth was in excess of $3 billion
and that he had over $200 million in cash reserves. PX 1331; TT 2796-2797.

NYC Parks received four offers in response to this RFO, ultimately awarding the contract to the
Trump Organization. In so doing, NYC Parks highlighted that “Trump has provided Parks with
documentation from WeiserMazars LLP, Certified Public Accountants, stating that Donald J.
Trump, the president of Trump, has a substantial net worth and cash position. As set forth in
Exhibit V to the concession agreement, there is also a personal guarantee from Donald J. Trump
regarding payment obligations and the completion of capital improvements.” PX 3291; TT
2298-2800. The award further emphasized that “Trump will be subject to auditing by Parks, the
NYC Comptroller and Parks-authorized auditors.” PX 3291. NYC Parks relied on the
representations of Trump’s net worth and liquidity and considered it important to “receive
truthful, accurate and complete information from offerors.” TT 2801-2802.
On February 21, 2012, Donald Trump signed the license agreement with NYC Parks. DX 981.
The license agreement required Donald Trump to submit a personal guarantee to NYC Parks for
financial obligations arising out of the operation of Ferry Point. DX 981; PX 3283. The
guarantee additionally obligated Trump to submit annually a letter from his accountant stating
that there had been no material adverse change in his net worth from the financial statements
shared with NYC Parks during the RFO process (the “No MAC letters”). PX 3283; TT 2804-
2805.
The Trump Organization submitted No MAC letters to NYC Parks in 2011, 2013, 2016, 2017,
2018 and 2021, and in each letter, Mazars relied on that year’s SFC for the representation that
there had been no material, adverse change in Donald Trump’s net worth. PX 3282, 3284, 3285,
3286, 3280, 3281. NYC Parks expected that the No MAC letters would be true, complete and
accurate, and that the submission of false or fraudulent information in the No MAC letters would
be a matter of concern for NYC Parks, including potential referral to the New York City
Department of Investigations. TT 2805-2806, 2812-2816.
In June 2023, the Trump Organization assigned the Ferry Point license to Bally’s Corporation;
the Trump Organization received $60 million from the deal, and Bally’s agreed to pay an
additional $115 million to the Trump Organization if Bally’s obtains a gaming license for the
site. TT 2850, 3266-3267; PX 3304, 3306. Accordingly, by maintaining the license agreement
for Ferry Point by submitting false SFCs, and which was initially awarded based on false SFCs,
the Trump Organization was able to secure a windfall profit by selling the license. "

And remember, it has been established that the SFC's Marars USA prepared from 2011 - 2020 were false.

 

It is irrelevant that Trump is a presidential candidate or what the bank claims. And your defense of this solely lies in the fact that you are defending Trump. Would you be this outraged if it was some random NY businessman? Please read this: https://www.justsecurity.org/85605/...prosecutions-for-falsifying-business-records/

The judge didn't refuse a jury, and none was requested by Trump. The law states it is a bench trial. Trump could have requested it, but there is no guarantee that the judge would have granted said request. Let's keep it real, ok?

Not accurate. Out of context, and ridiculously.

And Trump supporters ALWAYS defend him, or make excuses for him, frequently just repeating what Trump states without actually applying critical thinking skills to the particular situation.

Wouldn't that be that not everyone interprets the constitution like you do?

Last I checked, they didn't falsify warrants to spy on presidential candidates. And what does that have to do with this case?

I don't have an emotional need to get Trump. I happen to think he is a disgrace to the office of the president, and my opinion is that he should be not allowed to be president because of his actions, but it does not fall to the level of "get Trump". If he would go away, I would not spend any time thinking about him.
And no, I don't think there will be harm from this in the future. The precedence set is: break the law and get caught and suffer the consequences. Not really a novel idea, but I'm good with it.

I looked and saw that no one has made it public they will never invest in anything in NY. Please post a link to prove this statement. I suspect that the vast majority of NY business people follow the rules and laws, so I see nothing about this case that warrants any fear from honest businesspersons. If someone is worried, the cause is more likely their fault, not the courts, judges and lawmakers.
Apparently you're upset that Trump isn't allowed to break the law. Odd stance, but you go with that.

 

Believe me I known, this political vendetta aganst him started in 2016.

 

Me thinks you know I'm right and, are plumb out of argument.
Adios.

 

If you have something to say then say it.

 

Make sure you fill us all in here when trumps cucks in the GOP plan their revenge quest against those holding mango accountable for his crimes.

 

Yeah, poor little mango mussolini isn't allowed to be a lawless dictator that he and his adoring supporters want him to be.