No, no, no. The thing you've got to remember is that banks and insurers do their own risk assessments. Therefore it is not a crime to commit a crime.
I mean that's true, that's why it's not a crime.
If I claim the faucet works but it's actually leaky, that could be fraud. That's a factually incorrect statement.
But if I claim my house is worth 400 thousand and you disagree, that's a matter of opinion. You don't get to pay 400 grand anyway and then later claim you were defrauded. That's on you. Can't believe I have to explain this to ppl
Again,
If you asked for a loan using your assets as collateral and wildly inflated the value of your assets to get a lower rate in your loan, that is fraudulent. that’s what trump did.
Trump said his 10,000 sq ft Penthouse was 30,000 sq ft.
Trumpers: totally cool. Everyone does this.
BTW Alaina Hobba looks scared sh!tless in court doesn’t she? Quite a difference from her cocky Fox News hits. I almost feel bad for her throwing her career away for the Orange turd. ETTD
If I claim the faucet works but it's actually leaky, that could be fraud. That's a factually incorrect statement.
But if I claim my house is worth 400 thousand and you disagree, that's a matter of opinion. You don't get to pay 400 grand anyway and then later claim you were defrauded. That's on you. Can't believe I have to explain this to ppl
Again,
If you asked for a loan using your assets as collateral and wildly inflated the value of your assets to get a lower rate in your loan, that is fraudulent. that’s what trump did.
Look at the end of the day the Bank agreed to these asset values and nobody lost money so what's the big issue here
If you asked for a loan using your assets as collateral and wildly inflated the value of your assets to get a lower rate in your loan, that is fraudulent. that’s what trump did.
Look at the end of the day the Bank agreed to these asset values and nobody lost money so what's the big issue here
There is no issue. As long as banks and insurers do their own risk assessments, it is not a crime to commit a crime.
At the end of the day, we would expect Trumpers would have no problem with persistent business fraud. Especially if they waived Trump through on overthrowing the election, inciting a mob, racketeering, stealing documents, obstructing justice, sexual assault and two impeachments.
I mean that's true, that's why it's not a crime. . .
no further comment
Fine man you win. It's all a crime even though it wasn't even a criminal trial. A bunch of bankers who made money should be given EVEN MORE MONEY for these crimes. Lock him up.
At the end of the day, we would expect Trumpers would have no problem with persistent business fraud. Especially if they waived Trump through on overthrowing the election, inciting a mob, racketeering, stealing documents, obstructing justice, sexual assault and two impeachments.
The truth of the matter is if Trump was still a Democrat he wouldn’t be facing either case in New York.
If you asked for a loan using your assets as collateral and wildly inflated the value of your assets to get a lower rate in your loan, that is fraudulent. that’s what trump did.
Look at the end of the day the Bank agreed to these asset values and nobody lost money so what's the big issue here
For one, Deutsche Bank would have gathered many millions of dollars more in interest from Trump, had the loan been based on reality and not fraud.
and crime is crime. If you walk into a bank, ask for money, point a gun and then run out without money, you are still guilty of bank robbery.
This post was edited 18 seconds after it was posted.
If you asked for a loan using your assets as collateral and wildly inflated the value of your assets to get a lower rate in your loan, that is fraudulent. that’s what trump did.
Look at the end of the day the Bank agreed to these asset values and nobody lost money so what's the big issue here
At the end of the day, we would expect Trumpers would have no problem with persistent business fraud. Especially if they waived Trump through on overthrowing the election, inciting a mob, racketeering, stealing documents, obstructing justice, sexual assault and two impeachments.
What's the fraud? Who was swindled out of $$ and how?
Despite not being a lolyer EVEN I know that you are allowed to claim your house is worth whatever you want. And it's up to OTHER ACTORS IN THE MARKETPLACE not the Government to decide whether your claim is accurate or not.
The government, when it's assessing property taxes, would beg to differ with your account of how the system works.
Huh?
Trump tricked the government into overvaluing his properties so he paid more in taxes than he should have?
Can anyone here explain what he is being charged with?
Look at the end of the day the Bank agreed to these asset values and nobody lost money so what's the big issue here
For one, Deutsche Bank would have gathered many millions of dollars more in interest from Trump, had the loan been based on reality and not fraud.
and crime is crime. If you walk into a bank, ask for money, point a gun and then run out without money, you are still guilty of bank robbery.
I’m pretty sure you are wrong here. The bank would do its own due diligence. The interest rate break (if any) would be minor (prime plus .75 vs prime plus 1). If they felt victimized they would have signed onto the lawsuit.
Trump is in a courtroom for committing fraud. The House GOP is imploding.
And President Biden is lowering drug prices for millions.
And fake Pres Biden’s political career is finally toast 11/24, thanks to:
1-the Supreme Court (Trump flexing his muscle on the most important issue of all while you freaks were making bs up and taking your eye off the prize), and Kennedy about to seal the deal.
2-Kennedy running. even he knows what low life’s the Communists are so much so that he took one of the greatest Democrat family names in History….and left.
For one, Deutsche Bank would have gathered many millions of dollars more in interest from Trump, had the loan been based on reality and not fraud.
and crime is crime. If you walk into a bank, ask for money, point a gun and then run out without money, you are still guilty of bank robbery.
I’m pretty sure you are wrong here. The bank would do its own due diligence. The interest rate break (if any) would be minor (prime plus .75 vs prime plus 1). If they felt victimized they would have signed onto the lawsuit.
That DB was duped out of interest payments is in the complaint against trump. No idea why you don’t read Wikipedia on something before you post on it. Join the fact-based community!
] The suit asserts that between 2011 and 2021 Trump and the organization made over 200 "false and misleading valuations of assets on his annual Statements of Financial Condition to defraud financial institutions"[127] and, amongst other charges, that he used low valuations to avoid paying between $85 and $150 million in interest charges on loans from Deutsche Bank