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re: Trump owes lenders $450 million yet there were no complaints from the lenders.

Posted on 2/17/24 at 1:03 pm to
Posted by bayouboo
Member since Jan 2007
2239 posts
Posted on 2/17/24 at 1:03 pm to
The prosecution argued that the law used doesn’t require a victim.
Posted by Nutriaitch
Montegut
Member since Apr 2008
7857 posts
Posted on 2/17/24 at 1:55 pm to
quote:

The prosecution argued that the law used doesn’t require a victim.


how can you commit fraud without a victim?

you have to defraud someone to have committed fraud.
if you haven't defrauded somebody, then you haven't committed fraud.

I'm mean this like saying nobody had to die for you to have committed murder.
Posted by GetmorewithLes
UK Basketball Fan
Member since Jan 2011
19130 posts
Posted on 2/17/24 at 6:18 pm to
quote:

The prosecution argued that the law used doesn’t require a victim.


What I dont understand is how the prosecution gets by the arguement that in the free enterprise system a business can negotiate terms of loans and there is no rule for valuing. Large businesses leverage their deals for loans based on their history of success. Nothing wrong with that.
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