In normal world, this is known as "fraud".

[L.K.Eder]

Of course, “fuck off” with the facts.

you don't have facts, retard.

 

[Remodeling Maidiac]

In the normal world a third rate con man couldn't bamboozle you. But it happened.

Best economy since Clinton.

 

[Fort Fun Indiana]

Really? There is no guilty verdict in a civil court because a civil court does not try crimes.

Right, there's no verdict. There are rulings.

The judge ruled him guilty of those crimes.

 

[WEATHER53]

If you overstate the value of your properties, the banks have a variety of measures to see that they are protected
The entire”fraud” premise is incorrect.

 

[pknopp]

So then why not a charge of tax evasion?

And why aren't any banks or lenders suing for damages instead of the State of NY?

You've been answered here more than once. Just because the banks are complicit doesn't mean laws weren't broken.

 

[L.K.Eder]

If you overstate the value of your properties, the banks have a variety of measures to see that they are protected
The entire”fraud” premise is incorrect.

please inform Trump's legal team of your findings, hero.

 

[pknopp]

The Banker can you explain to your fellow Progressive Jihadists that lenders use their own appraisers that the borrower pays for? They seem to be stuck on stupid

They used their own ratings agencies also and we saw how corrupt that was.

 

[Rawley]

If you overstate the value of your properties, the banks have a variety of measures to see that they are protected
The entire”fraud” premise is incorrect.

Frankly, they don't give a fuck what you value your properties at. They pay lots of people very good money to put a number to how much a property is worth.

 

[CrusaderFrank]

They used their own ratings agencies also and we saw how corrupt that was.

….and these rating agencies were run by the Bad Orange Man??

 

[pknopp]

….and these rating agencies were run by the Bad Orange Man??

Irrelevant.

 

[Fort Fun Indiana]

If you overstate the value of your properties, the banks have a variety of measures to see that they are protected
The entire”fraud” premise is incorrect.

Truly spoken like someone who doesn't know what the hell he is talking about.

 

[Fort Fun Indiana]

Frankly, they don't give a fuck what you value your properties at. They pay lots of people very good money to put a number to how much a property is worth.

Sam goes for you. You guys should just stay quiet.

 

[Batcat]

Duh. Of course they do. They are all billion dollar corporations that spend millions of dollars valuing the properties they are making loans on. All of the have said they were not defrauded

This lawsuit is a partisan political joke.

Notice how the liberal media ignores this fact.

The Founders never expected givung freedom to the press

 

[Admiral Rockwell Tory]

Insurance companies don't have to sue anyone, insurance fraud is a crime.

Insurance Fraud​

View attachment 837646
FindLaw
https://www.findlaw.com › ... › Criminal Charges
Insurance fraud is most often charged under state law, but federal prosecution is also possible. When that happens, it's usually charged under statutes not ...

Taxes.

What taxes?

 

[Admiral Rockwell Tory]

Trump bought a property for 2.5 million claimed it was worth 100 million, donated it to the State and took a 100 million dollar tax break.

Taxes are not the subject of this trial.

 

[Admiral Rockwell Tory]

No defaulting is necessary for it to be a crime. Fraud is still fraud.

Did he get better rates based on the fraud?

Who was defrauded? No victims exist. Not even the state because they value the properties for tax purposes.

 

[Admiral Rockwell Tory]

Yes, there is still a victim, the bank. The bank lost money.



And so far the legal system says YES, as it should.

How did the bank lose money? Are they not filing the suit? No, they are not in both instances.

 

[Admiral Rockwell Tory]

When you apply for the loan are you submitting documentation claiming the land is worthy more than it really is?

What part of due diligence do you not understand on the part of the lender?

When I buy a house, the appraisal is made before I can get a mortgage on it. The same applies when I sell it. Are you claiming the banks were defrauded because they took Trump's word for it?

 

[Admiral Rockwell Tory]

Yes, according to the state of NY Trump did that 100s (maybe 1000s of times).

This is not about one lender or one loan, this is about a pattern over the course of years and years.

If you do not even know the details of the case, why are you wasting our time talking about it?

Why was only charged with much fewer alleged crimes and why had the statute of limitations on a number of the alleged crimes expired?

BTW, "maybe" can never be charged.

 

[Admiral Rockwell Tory]

The banks and the taxpayers. Look it up. I'm done trying to explain the obvious to you people.

You don't care that he's a fraud. He's saving America from Satan 'n stuff.

Let me try to complete the impossible and educate some of you libtards and TDS sufferers using real numbers.

My property is taxed at $39,675.

The current value is $280,000.

The difference is over $240,000, which is $40,000 more then we paid for it.

If I sell it for the current value, am I defrauding anyone? The state sets the tax value, not me.

I had no idea there was that large of a difference.