kyzr
Diamond Member
- Oct 14, 2009
- 38,438
- 29,826
- Thread starter
- #41
The banks should have had the properties APPRAISED. That is their fault if they didn't, especially for big bucks.No one said the SFC's had to exact.
But when you over value by 1000's of a percent and also claim your 11,000 sq/ft residence is 30,000 sq/ft as part of the over valuation, that goes well beyond the normal - ah - "Fudge Factor". It doesn't have to be "exact". This is lying on business forms for profit (over valuation to get lower rates based on fraudulent submissions).
That is what Trump was was convicted of in civil court. 1 of (IIRC) 8 claims, the other 7 are scheduled for trial starting Monday.
WW