The NY case may be setting the stage for Trump to win- Billions of $.

We have to submit rent rolls, levels of rehabs / amenities, and income statements for every commercial loan we are involved with.

Since you have experience with commercial real estate, can you answer a simple question?

Is it fraud to edit an income statement and pass it on to a lender? Yes or no?

 

It depends on why the edit was done. If you think you can trick or deceive a bank on a multi-million dollar loan, try it. Banks and insurance companies are not saps. An insurer will spend tens of thousands of dollars and even hundreds of thousands investigating just one fraud claim. They have that much at their disposal. You would have to give them permission to look at everything, including credit card statements, deposits, withdrawals, all loans you have, tax returns....everything, and then submit to examinations under oath. As Trump says, "Believe me". A bank and insurance company are far worse than the police or even the FBI or some stupid judge like Erdogan or a prosecutor like Leticia. They do their homework. On a bank loan YOU pay for the appraisal anyway and that also includes paying for the bank's accountant. because that is needed to review and confirm your financials. An insurance company must have fraud units set up, and they spare no expense whatsoever in going after suspected fraud. They will get private investigators, forensic accountants, arson investigators, interviews of witnesses, and the whole nine yards. The police won't and don't take the time. If they discover evidence of fraud, they will sue the policyholder and turn people over to the proper authorities for prosecution and jail.

 

Trump didn't engage in a fraudulent business practice.

 

Lawfare may be setting Trump up to win the election.

Trump’s Trials Are a Political Gift to His Campaign (access from https://www.realclearpolitics.com/ to avoid paywall)

'The Democrats’ lawfare strategy backfiring as swing voters turn against' Bribed Joe.

The bleak news for some Democrats trying to steal the election through lawfare 'is that the polling evidence seems to suggest that different sets of voters are ready to vote for the Republican in spite and because of his legal woes. The aggressive efforts by prosecutors to confiscate his money and send him to prison are only bolstering his standing with, and improving likely turnout among, Republicans. But crucially, those efforts are failing to convince independent voters to elevate the doubts they have about him over the many reasons they have for supporting him.'

 

please share with us which bank/insurer was defrauded and also share their complaint

 

Please show the jury verdict.

 

The appeals court obviously knew that...lol

 

malicious prosecution is malicious prosecution and that is exactly what has been happening. Hell, some of these people ran campaigns of getting Trump.

 

It’s almost like he is a criminal with a history of abusing the system.

 

How did he screw anyone on the case where the former cab driver/political protester now turned judge fined him 454 million?

 

Because they lied on financial disclosures
That’s fraud

I don’t know how to make it any simpler than that

If you like on a bank disclosure to inflate your assets to achieve lower rates or more money that would be fraud and you would be liable based on the statutes in your state. The same thing happened here.

 

The system has certainly been abusing Trump.

 

Good one!!!!!!!!!!

 

He did not defraud anyone. This is a deal between sophisticated investors, both on equal terms, both knowing that what Trump submitted is just a starting pointy, both knowing the bank would do their own due diligence and loan ONLY what the BANK wanted to. This is not where a bank takes advantage of an elderly couple.

 

Was the system abusing them when they shut down trump university for fraud? Or when they banned them from operating a charity due to fraud?

 

Has absolutely nothing to do with Leticia's case.

 

We disagree that no one was defrauded. The court currently agrees with me. Maybe the appeals court will agree with you — who knows.

What I do know is they lied on documents submitted to the bank with items that are not opinion (rent rolls, upgrades, square footage) with the intent of gaining favorable rates and more money.

Thats fraud. You can disagree, but it’s still fraud.
Even if the bank doesn’t want to push it and lose a customer. Even if the bank caught it.

It’s fraud.

No one said it was

 

It shows a history of these types of events.

So as typical we disagree

 

I believe this to be just a smokescreen and weak argument. Remember, the judge is a former cab driver and political protester and the AG vowed to get Trump. They did not do this alone. They had rich and powerful attorneys and others telling her how she might get him....through a law intended as a consumer protection law against fraud by companies selling them tainted goods or making fraudulent claims about their effectiveness. This is considered using superior knowledge against the unsuspecting and unwary such as an insurance company denying policy benefits by giving tortured interpretations to the policy language or a bank defrauding a customer by giving him a higher interest rate than others.

I am not sure if you read my previous posts but in my line of work, I have had to evaluate commercial property. It doesn't and didn't matter to me what someone said the property was worth because it is well known that the property owner would claim the highest possible value and that is not fraud. It is a judgement, an opinion and his opinion is as good as mine, amirite?

You contend he falsified rent rolls and square footage. If he did, so what? That argument MIGHT work if he was selling it to some elderly couple who didn't have the wherewithal to check. BUT......he was in effect selling his property to a BANK who have staffs of people on payroll and many appraisers and accountants on the outside that they hire. Who pays for those professionals? Certainly not the bank. Both parties knew that going in. In effect, Trump himself KNEW that the bank would just kinda smile and file away anything he gave them or tell their accountants and appraisers, "Hey, here's what the client gave us. Review it and confirm the square footage and rent rolls and don't forget to get the tax returns and proof of income.

The above is how it is done. Everyone knows that what the client submits is just hyperbole and wild guesses and portrays it in the best light as a starting point for the BANKS review. As a final comment, Trump can go into the appeal and say "Your honor. I PAID for the report the BANK used and knew they would use. WHY would I pay for that report unless I knew it was the only document the bank would rely on? My square footage may have been off and my accountant may have used an optimistic rent projection but that doesn't matter. I paid for the report that the bank used."

 

Did he admit guilt in that case?

 

Didn't you giggle and clap when E Jean Carol got paid? Aren't you on the get damaged, get paid band wagon?

 

Then trump has nothing to worry about on appeal then

And financial disclosures are meaningless, people around the nation hopefully will start inflating their assets and lying on reports to the bank to get better loan rates and amounts.

Wonderful advice! Let us know how it works out for you

 

Courts, not internet discussion boards, found he committed fraud and must pay fines and penalties. That's not in question. What's being determined now is how much the fines and penalties will amount to. <-period

 

Admitting guilt is something a person with integrity does. trump doesn’t have that.

They were found guilty in a court of law and did not appeal. That is enough of an admission for me.