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re: Trump owes lenders $450 million yet there were no complaints from the lenders.
Posted on 2/18/24 at 6:55 am to KiwiHead
Posted on 2/18/24 at 6:55 am to KiwiHead
So this judge used a law that has never been used before that allows the state to come in and arbitrarily decide property values?
And…it just so happens that Trump is the first offender?
And…it just so happens that Trump is the first offender?
Posted on 2/18/24 at 7:00 am to loogaroo
It has seldom been used and generally after a bank bitches about being defrauded.
Posted on 2/18/24 at 7:16 am to loogaroo
The law has been on the books since 1950 and a search came up with maybe 150 times 63(12) has ever been used and in all but maybe 1 it was in conjunction with another complaint made by a non state actor like people who were defrauded by a non profit that said it would pay for mammograms but instead just paid themselves. There was a case in 1972 where something like this happened wherein a a company writing term papers for college students was sued by the state.....no victims, the state cited educational integrity.
This was a money grab.
This was a money grab.
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