Trump fraud case just fell apart

a reply to: network dude

No. As I said before MAL is just a small part of the case. You've got the Bedminster property's value being based off of non-existent assets. You've got Trump's triplex being valued as an apartment triple its size. And that's just what we've learned from two witnesses/defendants.

originally posted by: Threadbare
a reply to: network dude

No. As I said before MAL is just a small part of the case. You've got the Bedminster property's value being based off of non-existent assets. You've got Trump's triplex being valued as an apartment triple its size. And that's just what we've learned from two witnesses/defendants.

And how much was he borrowing at a time? Billions?

a reply to: RazorV66

Zing!

originally posted by: Threadbare
a reply to: network dude

No. As I said before MAL is just a small part of the case. You've got the Bedminster property's value being based off of non-existent assets. You've got Trump's triplex being valued as an apartment triple its size. And that's just what we've learned from two witnesses/defendants.

and you had a loan officer from the bank Trump was borrowing money from testify that they didn't take Trump's word on his worth, or the property's worth, but instead did their own valuation. Which if you understood the mortgage industry, you would know is not just common practice, but the only way to do business the correct way.

Knowing that is the facts, what did his over inflation of any of his properties gain him here? It seems, nothing. So the fraud was non existent, and pointless.

There is an AG who campaigned on "GETTING TRUMP", prosecuting him for anything she could dream up, coupled with ONE Judge who decided Trump's guilt before the trial and SAID SO PUBLICALLY.
apnews.com...
Sounds totally fair.

originally posted by: Threadbare

No. As I said before MAL is just a small part of the case. You've got the Bedminster property's value being based off of non-existent assets. You've got Trump's triplex being valued as an apartment triple its size. And that's just what we've learned from two witnesses/defendants.

There is no fraud, and no case...just get over it. Let me ask you one question...

If the banks do their own assessments and base their loans on that to protect their investments, and the state does its own assessments to establish taxes what was it that Trump did that was fraud?

a reply to: Bluntone22

I dont see why people defend Trump this much, he has handed pretty sensitive documents to Russians, and is known to have neen blackmailed by the Russian foreign intelligence, apparently using the video footage of him beating and harrasing a local prostitute in his hotel room, during his business trip to Moscow in 2000,. the footage is taken using the cameras, the russian foreign intelligence planted in his room during his stay.

He was very pro Russian, was planning to illegally take over the power for the second term by coup d'etat, encouraged the bimbos that attacked and looted the US Congress building, did not react properly against the "Republic of California" separation plot that had been organised by the Russians, tempted the Iranian zealats to run towards nuclear bombs by chickening out of the JCPOA , was ok with the fact that people close to his team were caucght and prosecuted for selling US military secrets , pretty sensitive stuff to the Russians and even physically attacked his secret service driver!!!!!

why should such a dangerous person have still fans and followers, despite being a sex offender, paranoid idiot, tax criminal and dishonest to the US people, the answer is an idiot looks cool in the eyes of idiots!

a reply to: aldrich1

Do you have any proof for anything you just claimed? It would be nice if you'd post some links.
You're like CNN's dream viewer.

a reply to: aldrich1

while he's a total monster and super aggressive and could likely beat up most of his secret service staff by grabbing them by the neck, this is about his fraud case. And I don't know if you have the functional part of your mind where you process "logic" but in case you don't, it's entirely possible for everything you claim to be true, and there still be a requirement to prove guilt in this case before sentencing.

a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

originally posted by: knoxie
a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

where are you at on the Forbes list?

a reply to: network dude

But...

Shouldn't that be enough?

originally posted by: knoxie
a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

Makes zero sense to me also.

He's corporate all the way.

Definitely not for the lower echelons.

a reply to: Threadbare

The Trump Media and Technology Group is now the former president’s single most valuable asset. An analysis of Securities and Exchange Commission filings suggests that Trump owns more than 80% of the venture, which has run into a host of issues trying to go public via a special purpose acquisition company. Despite federal investigations and rumors of payment problems, retail investors were buying shares of the SPAC for $25 on September 2, when Forbes locked in the value of publicly traded holdings for this year’s list. At that price, Trump’s 73 million shares would be worth $1.8 billion. But Forbes values Trump’s interest at a more conservative $10 per share, reflecting the discounted rate that a handful of big-money investors agreed to pay for a piece of the action. At that price, Trump’s stake is worth about $730 million.

That alone would be enough to vault Trump back on to The Forbes 400, but he has had other recent successes as well. In May, the former president sold his hotel in Washington, D.C. for a reported $375 million, far more than independent experts believed it was worth. That transaction allowed Trump to pay back a $170 million loan from Deutsche Bank and still take home an estimated $135 million. Through a series of other deals, Trump refinanced or paid off another half dozen loans, leaving his balance sheet in a stronger position today than it has been in years, with roughly $375 million of cash, up an estimated $79 million from a year ago.

Article about Trump's position on the Forbes list

A property is worth exactly the amount someone is willing to pay for it, OR what a bank is willing to lend on it. All property valuations are guesses based on a large number of factors. The main point is, you can't just place a value on a property and have that be the end all. I don't know if you have ever heard of bidding wars, but the way that works is multiple people want the same thing, and they bid higher than the initial price until one bids more than the other is willing to pay. Once that is done, the property or thing has a new value. And that new value could be vastly higher than it was. This entire lawsuit is based on a very poorly thought out premise.

And as hard as I looked, I just didn't see Knoxie on the Forbes list. If I missed it, do be a lamb and let me know.

originally posted by: Annee

originally posted by: knoxie
a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

Makes zero sense to me also.

He's corporate all the way.

Definitely not for the lower echelons.

And yet, y'all can't wait to stick up for a guy who has been a garbage politician for 50 years, just because he opposes Trump. Yea, you sure do have the moral high ground here.

originally posted by: network dude

originally posted by: Annee

originally posted by: knoxie
a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

Makes zero sense to me also.

He's corporate all the way.

Definitely not for the lower echelons.

And yet, y'all can't wait to stick up for a guy who has been a garbage politician for 50 years, just because he opposes Trump. Yea, you sure do have the moral high ground here.

Y'all?

I vote against Trump.

The rest of your sentiment is your own fiction.

originally posted by: Annee

originally posted by: network dude

originally posted by: Annee

originally posted by: knoxie
a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

Makes zero sense to me also.

He's corporate all the way.

Definitely not for the lower echelons.

And yet, y'all can't wait to stick up for a guy who has been a garbage politician for 50 years, just because he opposes Trump. Yea, you sure do have the moral high ground here.

Y'all?

I vote against Trump.

The rest of your sentiment is your own fiction.

Way to go - doubling down on the lacking moral high ground thing.
Well done.

a reply to: aldrich1

Welcome to ATS. Next time, come armed with sources.

originally posted by: network dude

originally posted by: Annee

originally posted by: knoxie
a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

Makes zero sense to me also.

He's corporate all the way.

Definitely not for the lower echelons.

And yet, y'all can't wait to stick up for a guy who has been a garbage politician for 50 years, just because he opposes Trump. Yea, you sure do have the moral high ground here.

They back a racist President that stated, on record, that he didn't want his kids on the same busses as black kids.

But, Trump is super duper mean!

originally posted by: Annee

originally posted by: network dude

originally posted by: Annee

originally posted by: knoxie
a reply to: aldrich1

I don’t understand why people defend trump either.

A man who inherited a fortune, lost it, and had to commit fraud so he could maintain his lavish lifestyle. Super cringe, but people, especially working poor seem to love it. Makes zero sense to me..

And, the Chinese bank accounts..

Makes zero sense to me also.

He's corporate all the way.

Definitely not for the lower echelons.

And yet, y'all can't wait to stick up for a guy who has been a garbage politician for 50 years, just because he opposes Trump. Yea, you sure do have the moral high ground here.

Y'all?

I vote against Trump.

The rest of your sentiment is your own fiction.

Are you claiming you haven't stuck up for Biden? Remember, your post history is open for all to see.