Trump Committed Fraud By Inflating His Assets, Judge Rules

a reply to: Annee

Cannot develop it? Uhm, you do know MAL is also a club AND a private residence, so, for you and the others.

It IS developed and a commercial property. The deed restrictions are regarding the building of residential.

originally posted by: spacedoubt

originally posted by: stevieray

originally posted by: Threadbare
a reply to: Gothmog

It has been decided. In the judge's summary judgment it was ruled that Trump Organization's business certificates are to be cancelled and the companies dissolved.

Wow, a communist judge decreed that a politician he hates, should be cancelled dissolved and kicked out of NY.
Definitely something you should be celebrating.
No way it’s inappropriate in our legal or constitutional systems.

Where did you see that this judge is communist?
I hadn’t heard that. This has been going on a long time, I’d think this would have been brought to the forefront.

The idea that communists created and widely used the tactic of “show me the man and I’ll show you a crime we can get him on” is why people who operate this way are often called communists.
There are economic and social constructs for communism, and then there’s a whole system of murderous, abusive, and dirty dealings that they apply to abuse the people into submission.

a reply to: WeDemBoyz

I understand that. What I am saying is this is a civil case about someone inflating property values. There are no victims.

This is not a criminal case ....right?

If you shot someone you could be charge with murder. A criminal case.
If you shot someone you could be sued. A civil case.

This is just like the Carroll case. It looks real bad. The media can run with it but in the end...

There were no victims in this case at all.

Trump statement from Truth Social

Donald J. Trump

@realDonaldTrump

In addition to the fact that my Net Worth is much greater than the number shown in the Financial Statements, there is a POWERFUL Disclaimer Clause (some call it a “non-reliance clause,” others a “buyer beware clause”), BOLDLY STATED on pages 1 & 2, explaining that there should be no reliance placed on these Financial Statements, but instead everyone should do their own independent research, analysis, and due diligence. This was fully accepted & acknowledged by the banks, but it didn’t matter because all loans were good, & there were no defaults or problems of any kind. The banks were represented by highly sophisticated attorneys, were paid full interest, & made money. There were no defaults or any other problems. This is a lawsuit that should never have been brought. It is a POLITICALLY MOTIVATED WITCH HUNT by a Racist Attorney General, and a Deranged, Trump Hating Judge. It is ELECTION INTERFERENCE at a level never seen before. No wonder people and companies are fleeing New York!

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Sep 27, 2023, 9:44 AM

This is the AG, disgusting.
this is unexceptable

originally posted by: Oldcarpy2
a reply to: Annee

Driving without a licence or no insurance? And so on?

There’s a potential victim every second the car is in motion. See how you like it if he plows into you and it’s a 10,000.00 repair and you’re buying .

a reply to: stevieray

"Potential victim".

Not actual.

Kinda my point?

a reply to: stevieray

A civil case is normally for victims to be compensated for someone’s actions that hurt them.

"Normally", there are 2 components to damages in civil trials; compensatory damages (actual financial losses) and punitive damages (to punish the violator and set an example of them so others are dissuaded from doing the same).

You look at what Trump did and say "who was the victim?" I say the victim is two fold; public trust in enforcement of the law and financial institutions as a whole who could lose customers due to their loss of confidence in the banks ability to protect the customers money.

So, yeah, there were "victims"; the entirety of the population of the State of NY and every lender operating within the State's borders.

originally posted by: frogs453
Trump also appealed his property taxes in 2020 based on the 26 million value of MAL. I'm speculating he didn't appeal because he felt its worth nearly a billion and he wanted to pay more.

Tax representatives at Marvin F. Poer & Co., acting on behalf of Trump’s property ownership entities, filed petitions this year to the state-authorized Value Adjustment Board challenging the valuations assigned to Mar-a-Lago and the Trump National Golf Club in Jupiter, according to a spokeswoman for the county appraiser’s office.

Palm Beach Daily

So, as James is taking him to trial for. Claim a higher valuation for banks, claim much lower for taxes. Fraud.

I think you’re confused.

When is the last time a tax office let the property owner give them his own appraisal ?

When is the last time a bank pres or VP gave a borrower whatever amount and terms he wanted, based on his valuation, and didn’t do any of their own ? And didn’t have any counsel at the table ?

Oh that’s right …….. never.

You sure that you understand anything about any of this ?

Trumps only crime so far is having an opinion of the value of something. Nobody was victimized by his opinion. Everybody in the room had a competing opinion.

Bless your little heart.

originally posted by: WeDemBoyz
a reply to: stevieray

A civil case is normally for victims to be compensated for someone’s actions that hurt them.

"Normally", there are 2 components to damages in civil trials; compensatory damages (actual financial losses) and punitive damages (to punish the violator and set an example of them so others are dissuaded from doing the same).

You look at what Trump did and say "who was the victim?" I say the victim is two fold; public trust in enforcement of the law and financial institutions as a whole who could lose customers due to their loss of confidence in the banks ability to protect the customers money.

So, yeah, there were "victims"; the entirety of the population of the State of NY and every lender operating within the State's borders.

I can’t believe you put this out here with a straight face. If Trump defrauded or cost “the state” or “the institutions” anything that can be quantified, there would be a criminal case underway.
You have done a fine job of doing exactly what these 2 people did - make up a vague undefined fantasy to accuse somebody of. And throw in a “guilty” verdict despite no crime.
And you’re not embarrassed lol.

a reply to: stevieray

No, he appealed what they wanted him to pay in taxes. In this case he appealed because he apparently felt the valuation was too high. Contrary to what he claimed the worth is on his statements.


Now James NY case, he gave larger numbers to banks but lower numbers to NY tax authorities.


Although he may not have given lower numbers to appeal his tax in Florida, he certainly appealed what it's worth for taxes there, while stating a worth of 2300% more in his financial statements.

The point being, if he truly felt it was worth that much more, you think he would be giddy to pay the much lower tax.

a reply to: stevieray

you’re not embarrassed

No, but you should be; with your complete lack of understanding of tort law. I can see how utterly useless it is to explain it to you, so good day.

originally posted by: Oldcarpy2
a reply to: stevieray

"Potential victim".

Not actual.

Kinda my point?

‘Potential’ doesn’t imply unlikely or minor. Every car he drives near has a decent likelihood of being screwed financially and physically. Lack of a license gives a likelihood that he sucks at driving, lack of insurance guarantees that you pay for his accident.
It’s not victimless like jaywalking or graffiti. The stakes that he’s exposing everyone to are significant.

originally posted by: WeDemBoyz
a reply to: stevieray

you’re not embarrassed

No, but you should be; with your complete lack of understanding of tort law. I can see how utterly useless it is to explain it to you, so good day.

Ooh, somebody learned the word tort at wiki while they studied for this thread.

a reply to: frogs453

Leaving aside for the moment whether or not he may have committed any actual crime, does this not throw into question his honesty and judgment?

Relevant to a man running for the highest Public Office, I would have thought?

No more NY tax revenue from TRUMP!
👍

Phuck New York 😎

a reply to: Oldcarpy2

Can you name 3 ACTUAL "victimless crimes", might have a hard time doing so since they don't exist.

Driving without a license and insurance are both illegal as to where you are the victim. And possibly others.

a reply to: stevieray

I studied tort some time ago. But please feel free to give me the benefit of your sage opinion.

originally posted by: fringeofthefringe
Trump statement from Truth Social

Donald J. Trump

@realDonaldTrump

In addition to the fact that my Net Worth is much greater than the number shown in the Financial Statements, there is a POWERFUL Disclaimer Clause (some call it a “non-reliance clause,” others a “buyer beware clause”), BOLDLY STATED on pages 1 & 2, explaining that there should be no reliance placed on these Financial Statements, but instead everyone should do their own independent research, analysis, and due diligence. This was fully accepted & acknowledged by the banks, but it didn’t matter because all loans were good, & there were no defaults or problems of any kind. The banks were represented by highly sophisticated attorneys, were paid full interest, & made money. There were no defaults or any other problems. This is a lawsuit that should never have been brought. It is a POLITICALLY MOTIVATED WITCH HUNT by a Racist Attorney General, and a Deranged, Trump Hating Judge. It is ELECTION INTERFERENCE at a level never seen before. No wonder people and companies are fleeing New York!

4.03k

ReTruths

14.4k

Likes

Sep 27, 2023, 9:44 AM

This is the AG, disgusting.
this is unexceptable

AG James is on "the list". She'd better live life to the fullest before 2025.

a reply to: PorkChop96

I already have?

No, the perpetrators of those crimes are not "victims".

They are guilty of those crimes.

originally posted by: frogs453
a reply to: stevieray

No, he appealed what they wanted him to pay in taxes. In this case he appealed because he apparently felt the valuation was too high. Contrary to what he claimed the worth is on his statements.


Now James NY case, he gave larger numbers to banks but lower numbers to NY tax authorities.


Although he may not have given lower numbers to appeal his tax in Florida, he certainly appealed what it's worth for taxes there, while stating a worth of 2300% more in his financial statements.

The point being, if he truly felt it was worth that much more, you think he would be giddy to pay the much lower tax.

But …… I still don’t see a crime.

Trump didn’t pay taxes based on whatever he told the tax officials that he should pay.

He didn’t get loans from any institution based on whatever he dictated.

Both entities had all the due diligence and representation they needed or wanted in the processes.

You’re still cheering a guilty ruling for the crime of having an opinion and stating it, not the actual outcomes of any of this.