Trump Committed Fraud By Inflating His Assets, Judge Rules

a reply to: matafuchs

Every single one of them testified to misrepresenting the value of assets to the banks.

originally posted by: Threadbarer
a reply to: matafuchs

Every single one of them testified to misrepresenting the value of assets to the banks.

Ok.

Then the bank did their own assessments and risk determinations, and then produced loans on their terms that both parties entered into as a contract.

This is so stupid.

a reply to: Lazy88

The representative from the bank testified that they didn't have the tools to valuate the kinds of properties Trump was trying to claim as collateral so they largely relied on the numbers being provided by Trump.

originally posted by: Threadbarer
a reply to: Lazy88

The representative from the bank testified that they didn't have the tools to valuate the kinds of properties Trump was trying to claim as collateral so they largely relied on the numbers being provided by Trump.

Someone in the financial world with access to actuaries that deals with properties and money can’t evaluate properties.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

a reply to: Threadbarer

So? How does anyone know Trump over valued his properties if bank can’t even figure it out?

a reply to: Lazy88

Because they were doing things like including non-existent assets in their valuation or tripling the size of an asset in their valuation.

a reply to: Threadbarer

Motion for mistrial is denied.

originally posted by: Threadbarer
a reply to: Lazy88

Because they were doing things like including non-existent assets in their valuation or tripling the size of an asset in their valuation.

So?

Trump shows up, and haggles over the loan. The bank who’s responsible to protect the money of the people that have savings in the bank and it’s investors just loan money willy nilly, don’t take the time to audit, don’t use third party actuaries, don’t take the time to do some deep dive credit report, and some how dealing with property and money can’t evaluate Trump’s collateral? Sounds like the bank needs to be brought up on fraud and misconduct charges too.

Anyway. The bank loans money out on its terms negotiated by contract with Trump who pays back the loan as agreed. Then all the sudden a judge has the “knowledge” to determine Trump property values when a bank stated they couldn’t?

🤣🤣🤣🤣🤣🤣🤣🤣🤣

a reply to: Lazy88

Trump has an obligation to enter into a contract in good faith.

originally posted by: Threadbarer
a reply to: Lazy88

Trump has an obligation to enter into a contract in good faith.

Like paying the loan back on time and fulfilling the contract?

originally posted by: Lazy88

originally posted by: Threadbarer
a reply to: Lazy88

Trump has an obligation to enter into a contract in good faith.

Like paying the loan back on time and fulfilling the contract?

These stiffs will never relent on taking Trump down by any means necessary.

They know this is a sham trial, but they don’t care.

Their feelz have been hurt to the core by Trump just existing.

We will have to listen to them cry and whine for 4 more years when Trump gets re-elected.

originally posted by: RazorV66

originally posted by: Lazy88

originally posted by: Threadbarer
a reply to: Lazy88

Trump has an obligation to enter into a contract in good faith.

Like paying the loan back on time and fulfilling the contract?

These stiffs will never relent on taking Trump down by any means necessary.

They know this is a sham trial, but they don’t care.

Their feelz have been hurt to the core by Trump just existing.

We will have to listen to them cry and whine for 4 more years when Trump gets re-elected.

Trump is responsible for Trump.

What "feelz"?

a reply to: Lazy88

Trump stiffed the banks on over a hundred million dollars and should have defaulted on at least one of his loans by not reporting on his actual worth.

a reply to: Threadbarer

You go buy a new car off the lot and you get such a smoking deal that you can hardly believe it. 5k below sticker and 0% financing. #feelsgoodman
You pay the thing off, no late payments, no missed payments and all is well.
The state later comes in and says you’re a fraud and a liar for getting such a good deal on that car that we’re going to take your car and fine you.

You’re ok with this scenario?
Or only because it involves trump?

originally posted by: VermiIion
a reply to: Threadbarer

You go buy a new car off the lot and you get such a smoking deal that you can hardly believe it. 5k below sticker and 0% financing. #feelsgoodman
You pay the thing off, no late payments, no missed payments and all is well.
The state later comes in and says you’re a fraud and a liar for getting such a good deal on that car that we’re going to take your car and fine you.

You’re ok with this scenario?
Or only because it involves trump?

If laws were broken.

The responsible person is liable.

Pretty basic.

a reply to: Threadbarer

That is on the bank. Why do you keep up this argument? A person can say their stuff is worth whatever they want but if someone is going to go under contract these things are reviewed.

This is a video of Trump talking to his banks

a reply to: Annee

Lets extend the scenario to this: the state comes along and says you overvalued your tradein when you made the deal.

Even tho' the dealer could accept the tradein value or negotiate it.

Years after you paid the car off.

Because you were running for office and the opposition party looked into all your paperwork.

Now to you support this?

originally posted by: MoreCoyoteAngels
a reply to: Annee

Lets extend the scenario to this: the state comes along and says you overvalued your tradein when you made the deal.

Even tho' the dealer could accept the tradein value or negotiate it.

Years after you paid the car off.

Because you were running for office and the opposition party looked into all your paperwork.

Now to you support this?

Trump is responsible for what he did -- FACT

He's hired the best lawyers he can -- and yet still found guilty.

The excuses are getting old and tired.

a reply to: Annee

Found guilty by a judge that hates him?

I suppose you think that isn't possible at all?

The witchhunts and persecution of Trump is getting old and tired, and nobody really cares much anymore.

Boredom. Except for the lunatic fringe on BOTH sides of the Trump emoting scale.

originally posted by: MoreCoyoteAngels
a reply to: Annee

Found guilty by a judge that hates him?

Especially that excuse is getting old and tired.

Trump is responsible.