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re: Imagine being fined 355 million for exaggerating your wealth

Posted on 2/18/24 at 10:50 am to
Posted by ForeverGator
Elite 8 - 2020 Worst SECRant Poster
Member since Nov 2012
13225 posts
Posted on 2/18/24 at 10:50 am to
It's not tough to find out why the fine is what it is...

It's the interest he saved from the bank giving him a favorable interest rate due to his lying of financial statements PLUS the profits he received from using the loans and selling property obtained by those loans.

This will not survive appeal; the judgment is justly sound.
Posted by stampman
Louisiana
Member since Oct 2006
4923 posts
Posted on 2/18/24 at 10:52 am to
quote:

Shut the thread down. Powerman called TigerDoc a partisan hack.



Yep, I tried with all my might to upvote him but all of his other dumb posts just wouldn't let me do it!
Posted by ApexTiger
cary nc
Member since Oct 2003
53820 posts
Posted on 2/18/24 at 10:52 am to
quote:

I have never seen nor heard of a bank or individual complaining of being a victim of fraud when they were paid back under the terms and conditions of the loan agreement. This shite is insane.


Exactly it's a DA who said they were going to take down Trump..

This is the justice department going after a civilian, a former President...

the more I think about this more scary this is..

the lower courts in the blue states should be feared...
Posted by SmackoverHawg
Member since Oct 2011
27387 posts
Posted on 2/18/24 at 10:54 am to
quote:

It's the interest he saved from the bank giving him a favorable interest rate due to his lying of financial statements PLUS the profits he received from using the loans and selling property obtained by those loans.

This will not survive appeal; the judgment is justly sound.


bullshite. Then we need to review every good loan ever given. People exaggerate their assets, the banks comes up with their own numbers and the board decides the rates and terms on these large loans. There is no fraud. No harm. No foul.
Posted by jrodLSUke
Premium
Member since Jan 2011
22362 posts
Posted on 2/18/24 at 10:54 am to
quote:

What does Joe Biden have to do with this?


That’s (D)ifferent!
Posted by stampman
Louisiana
Member since Oct 2006
4923 posts
Posted on 2/18/24 at 10:57 am to
quote:

No, and that speaks to the corruption of our system.


And yet you are here cheering it on...sad little person!
Posted by NIH
Member since Aug 2008
112908 posts
Posted on 2/18/24 at 10:58 am to
Democrats: we defend big banks and want them to get maximum interest
Posted by Auburn1968
NYC
Member since Mar 2019
20047 posts
Posted on 2/18/24 at 10:58 am to
The only fraud in this case is the judge and the AG and they should go to jail for denial of Trumps civil and constitutional rights under color of law.
Posted by ForeverGator
Elite 8 - 2020 Worst SECRant Poster
Member since Nov 2012
13225 posts
Posted on 2/18/24 at 11:04 am to
quote:

Democrats: we defend big banks and want them to get maximum interest


Trump has been in perpetual lawsuits for decades and we're all surprised that he's paying up here?

Dude has always been a fraud. It's well-documented. Not paying people and now taking falsely misrepresenting his assets to garner favorable loans.

The chickens have always be coming home to roost, it's just now that people are paying attention to Trump's lawsuits.
Posted by NIH
Member since Aug 2008
112908 posts
Posted on 2/18/24 at 11:05 am to
Were you crying when you typed that?
Posted by ForeverGator
Elite 8 - 2020 Worst SECRant Poster
Member since Nov 2012
13225 posts
Posted on 2/18/24 at 11:07 am to
quote:

Were you crying when you typed that?


Projecting there? Most in here are crying. I am just here to provide a hug and show you the way.
Posted by NIH
Member since Aug 2008
112908 posts
Posted on 2/18/24 at 11:08 am to
What do you do for a living?
Posted by davyjones
NELA
Member since Feb 2019
30495 posts
Posted on 2/18/24 at 11:10 am to
Definitely not a boss, that I can tell you. Definitely not a boss.
Posted by ForeverGator
Elite 8 - 2020 Worst SECRant Poster
Member since Nov 2012
13225 posts
Posted on 2/18/24 at 11:11 am to
quote:

What do you do for a living?


I am an attorney and none of this is shocking.

Going to tell me how attorneys don't know what they're talking and that this is all just political?
Posted by NIH
Member since Aug 2008
112908 posts
Posted on 2/18/24 at 11:15 am to
I’m an attorney. What’s your practice area?
Posted by deltaland
Member since Mar 2011
91210 posts
Posted on 2/18/24 at 11:17 am to
quote:

It’s not that he merely exaggerated his wealth as I understand it. But that he fraudulently applied for a loan. It doesn’t matter if he still paid it, fraud is fraud.


Banks don’t give out loans based on your word. Loans require documents proving cash flow, assets, etc. Any property owned that’s used as collateral the bank will send an appraiser to determine its value.

Posted by DEG
Atlanta
Member since Jul 2009
10550 posts
Posted on 2/18/24 at 11:24 am to
K…wait are you the chick who wears yoga pants?
This post was edited on 2/18/24 at 11:30 am
Posted by deltaland
Member since Mar 2011
91210 posts
Posted on 2/18/24 at 11:26 am to
quote:

You don’t understand how the loan process for real estate has worked for decades in NYC.


Posted by davyjones
NELA
Member since Feb 2019
30495 posts
Posted on 2/18/24 at 11:31 am to
quote:

What’s your practice area?

Criminal here. Defense side. And while I’ve seen some shite that defies explanation, the caseS against Trump top it all. From this perspective, the true extent of their disgusting actions could keep a fella up at night.
Posted by dbbuilder79
Overton NV
Member since Dec 2010
4200 posts
Posted on 2/18/24 at 11:38 am to



Bring back LucasP!
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