Judge rules trump spent decades defeauding insurers and bankers

[BackAgain]

View attachment 834787

Is that a self portrait, bug, ya dopey bitch?

Sorry actual news and analysis makes you plant your head in the sand. But I suppose it’s better than leaving it stuck up your ass.

 

[ElmerMudd]

You would be surprised what I am, sister.

Your posts tell me who you are.

 

[Frankenstein]

Judge rules Donald Trump defrauded banks and insurers while building real estate empire

A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.

apnews.com

Will this hurt his chances of gaining the repub nomination? Or will it bolster his standing with MAGA?

How about that another Democrat judge who was paid off

 

[Lastamender]

Your posts tell me who you are.

Who is he?

 

[WorldWatcher]

if it was a lie then what is the correct answer??

He said the Judge referring to MAL that the Judge said that the property beach-to-beach "in Palm Beach is worth only 18 million dollars".

That is false.

Instead of listening to talking heads on YouTube if you were to refer the actual decision that comes from the section shown above.

#1 The assessment wasn't done by the Judge, it was from the Palm Beach County Assessor. You know that person responsible for tax assessments in Palm Beach?

#2 The figure from the Judges ruling, that comes from the Palm Beach Assessor is $18 Million to $27.6 Million for the period of 2011-2021. That means the $18 Million figure from the Palm Beach Assessor was for 2011, the current assessed value is about $27.6 Million based on the 2021 figure.


WW

 

[WorldWatcher]

No. You are free to market your 3000 sq/ft Condo worth $600,00 and list it at $750,000 all day long.

What is illegal is filing an assessment for property taxes saying your 3000 sq/ft is 1000 sq/ft and worth $100,000 and then file for a secured loan from the bank and file an assessment with the lender claiming it's a 10,000 sq/ft Condo valued at $10,000,000.

That is the illegal part.

WW

lol so the idiot claim is he wanted to quadruple his property taxes so he jacked up the appraisal so he could pay 20 times more? Dan you clowns just get more bizarre and insane every day here.

Not quite. Try reading it again.

The REDUCTION in sq/ft and $$$ value would have lowered property taxes when reported to the tax man.

The INCREASE in sq/ft and $$$ was to get higher loan amounts and more favorable terms from a bank.

Attempting to claim a lower value for tax purposes reduces taxes not increases them.

WW

 

[progressive hunter]

View attachment 834924


He said the Judge referring to MAL that the Judge said that the property beach-to-beach "in Palm Beach is worth only 18 million dollars".

That is false.

Instead of listening to talking heads on YouTube if you were to refer the actual decision that comes from the section shown above.

#1 The assessment wasn't done by the Judge, it was from the Palm Beach County Assessor. You know that person responsible for tax assessments in Palm Beach?

#2 The figure from the Judges ruling, that comes from the Palm Beach Assessor is $18 Million to $27.6 Million for the period of 2011-2021. That means the $18 Million figure from the Palm Beach Assessor was for 2011, the current assessed value is about $27.6 Million based on the 2021 figure.


WW

so the judge used a tax assessment to value the property,,,

thats just dumb,,

everyone knows thats not based on market value,,

not seeing the lie here,,

 

[progressive hunter]

Not quite. Try reading it again.

The REDUCTION in sq/ft and $$$ value would have lowered property taxes when reported to the tax man.

The INCREASE in sq/ft and $$$ was to get higher loan amounts and more favorable terms from a bank.

Attempting to claim a lower value for tax purposes reduces taxes not increases them.

WW

not how tax assessments work,,

 

[WorldWatcher]

not how tax assessments work,,

What part of the country doesn't base property taxes on assessed value?

WW

 

[progressive hunter]

What part of the country doesn't base property taxes on assessed value?

WW

I just had my property assessed by a lender and the tax man at the same time,,

the bank said 180K the taxman said 90K

so should I sell it for 90K or 180K???

 

[WorldWatcher]

so the judge used a tax assessment to value the property,,,

thats just dumb,,

everyone knows thats not based on market value,,

not seeing the lie here,,

Then you aren't looking.

He said the Judge said it was worth $18 Million.

The Judge didn't, the Judge cited the Palm Beach Assessor that the value was $18 Million IN 2011 and is now valued at $27.6 Million NOW (well in 2021).

The Judge didn't come up with the 12 year old $18 Million figure.

WW

 

[WorldWatcher]

I just had my property assessed by a lender and the tax man at the same time,,

the bank said 180K the taxman said 90K

so should I sell it for 90K or 180K???

Assessed value and market value are two different things.

If someone wants to buy it from you for $500K, there is no problem.

The assessed value of my home by the tax man is about $80K below market value.
.
.
.
.
Now if you told the bank that the assessed value of your home is $500K to get a better loan, when the assessed value is $180K that would be fraud. Which is what Trump is charged with in New York.

WW

 

[Mac1958]

No you aren't sure. You know nothing about the judge. You couldn't argue any unethical behavior by the judge if your life depended on it.

Just like the 60+ judges, including Trump judges, who threw their "rigged election" crap out of court.

Everyone is corrupt but the Trumpsters. Everyone is out to get the Trumpsters. Only the Trumpsters "speak The Truth". They're very special.

This is a cult.

 

[progressive hunter]

Assessed value and market value are two different things.

If someone wants to buy it from you for $500K, there is no problem.

The assessed value of my home by the tax man is about $80K below market value.
.
.
.
.
Now if you told the bank that the assessed value of your home is $500K to get a better loan, when the assessed value is $180K that would be fraud. Which is what Trump is charged with in New York.

WW

thankfully that didnt happen,,

 

[Carl in Michigan]

We knew about his criminality ages ago

But you people loved him before he became a Republican president

 

[progressive hunter]

Assessed value and market value are two different things.

If someone wants to buy it from you for $500K, there is no problem.

The assessed value of my home by the tax man is about $80K below market value.
.
.
.
.
Now if you told the bank that the assessed value of your home is $500K to get a better loan, when the assessed value is $180K that would be fraud. Which is what Trump is charged with in New York.

WW

I'm curious,, what did the lender say during the trial that they used to assess and confirm the value of the property before they were defrauded??

 

[WorldWatcher]

I'm curious,, what did the lender say during the trial that they used to assess and confirm the value of the property before they were defrauded??

Under New York State law it wasn't the lender that filed, it as the State Attorney General for violation of State Business Laws.

So you will need to hold on for awhile.

This ruling is a summary judgement based on the facts submitted by the plaintiff and the defendant, there are some issues that were not part of the judgement - those are scheduled for trial starting on October 2nd.

WW

 

[progressive hunter]

Under New York State law it wasn't the lender that filed, it as the State Attorney General for violation of State Business Laws.

So you will need to hold on for awhile.

This ruling is a summary judgement based on the facts submitted by the plaintiff and the defendant, there are some issues that were not part of the judgement - those are scheduled for trial starting on October 2nd.

WW

so no agrieved party,,

so a familys whole world is being destroyed without trial or due process,,
whats worse is we all know its politically motivated,,,

so who do you think the real fascists are??

 

[progressive hunter]

 

[WorldWatcher]

so no agrieved party,,

so a familys whole world is being destroyed without trial or due process,,
whats worse is we all know its politically motivated,,,

so who do you think the real fascists are??

Don't know where this is coming from.

Trump elected the bench trial and not a jury.

Due process has been followed because this is being conducted in a court of law with Trump having full defense capabilities.

Issues not covered under the Summary Judgement are scheduled for a bench trial on October 2nd.

So the whole - "without due process" is incorrect.

WW