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Someone explain the Trump fraud case to me?

Posted on 9/27/23 at 11:36 am
Posted by deltaland
Member since Mar 2011
90567 posts
Posted on 9/27/23 at 11:36 am
I don’t get the fraud claim on Trumps property values.

1. A judge can’t just claim a value on a property.

2. When it comes to property taxes or bank loans it doesn’t matter what Trump says or thinks it’s worth. An appraiser or assessor will determine the property value

So how is there fraud?
Posted by TDTOM
Member since Jan 2021
14439 posts
Posted on 9/27/23 at 11:39 am to
The idiots on this board think Trump can borrow tens of millions of dollars and just make up values. They have zero idea how grown-up world works.
Posted by deltaland
Member since Mar 2011
90567 posts
Posted on 9/27/23 at 11:40 am to
quote:

The idiots on this board think Trump can borrow tens of millions of dollars and just make up values.


This. Do people really think banks just accept what you tell them and loan out millions without any due diligence?
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
49141 posts
Posted on 9/27/23 at 11:41 am to
I was wondering the same thing. I haven't had a bank just take my word for any property I've ever purchased?
Posted by MightyYat
New Orleans
Member since Jan 2009
24388 posts
Posted on 9/27/23 at 11:43 am to
They're going to continue to throw as much shite as possible at Trump for the next 11 months.
Posted by AubieinNC2009
Mountain NC
Member since Dec 2018
4938 posts
Posted on 9/27/23 at 11:44 am to
quote:

So how is there fraud?



Saying values are higher than what they are is fraud.

Saying square footage is 3x as big is fraud. This isnt op lying about fishes or his members size its falsifying applications for loans and credit, i.e. FRAUD.

Trump even tried to put in a "worthless clause" in his valuations stating banks/lenders should not rely on them.

Posted by CR4090
Member since Apr 2023
2075 posts
Posted on 9/27/23 at 11:47 am to
At this point just chalk it up to him running for POTUS as a republican. That and they hate him. That makes as much sense as what they are charging him with.
Posted by Pezzo
Member since Aug 2020
1941 posts
Posted on 9/27/23 at 11:56 am to
quote:

Saying values are higher than what they are is fraud.

Saying square footage is 3x as big is fraud.


you ever bought a house?

you dont just say "my house is 2000 square foot, trust me"

someone comes measure that shite
This post was edited on 9/27/23 at 11:58 am
Posted by MightyYat
New Orleans
Member since Jan 2009
24388 posts
Posted on 9/27/23 at 11:58 am to
quote:

Saying values are higher than what they are is fraud.

Saying square footage is 3x as big is fraud. This isnt op lying about fishes or his members size its falsifying applications for loans and credit, i.e. FRAUD.

Trump even tried to put in a "worthless clause" in his valuations stating banks/lenders should not rely on them.


"Saying" shite doesn't mean much in bank loan world. Things are documented BY THE BANK. Not the requestor.




Posted by RandoBigot
Member since Sep 2023
116 posts
Posted on 9/27/23 at 12:00 pm to
Criminals are creating crimes to attempt to deter Trump from being president again.

It’s not going to work, and he will have to send a lot of these people to Gitmo. Hopefully this gets the left coast loons and upper east coast retards on the small nation state bus and we start dismantling this broken union into smaller, more manageable unions moving forward.
This post was edited on 9/27/23 at 4:53 pm
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67831 posts
Posted on 9/27/23 at 12:02 pm to
quote:

Saying values are higher than what they are is fraud.


It's all opinion.
Posted by Pvt Hudson
Member since Jan 2013
3551 posts
Posted on 9/27/23 at 12:05 pm to
I’ve done financing for decades. If we threw everyone in jail that estimated a value and sq footage on an application that came in differently on the appraisal - every single applicant would be in prison right now.
Posted by TDTOM
Member since Jan 2021
14439 posts
Posted on 9/27/23 at 12:10 pm to
Appraisals and inspections are done by the lender.
Posted by teke184
Zachary, LA
Member since Jan 2007
95311 posts
Posted on 9/27/23 at 12:10 pm to
quote:

If we threw everyone in jail that estimated a value and sq footage on an application that came in differently on the appraisal - every single applicant would be in prison right now.


I’m sure our government would have no problems with that then exerting a 4th amendment seizure on every property in question.
Posted by Bow08tie
Louisiana
Member since Oct 2011
4221 posts
Posted on 9/27/23 at 12:13 pm to
There is no fraud. This is yet another made up charge to keep him tied up, with the ultimate goal of keeping Trump from running in 2024. Period
Posted by Nosevens
Member since Apr 2019
10287 posts
Posted on 9/27/23 at 12:17 pm to
Your explanations of valuations is quite laughable, it’s not what’s done with property let alone someone with lots of properties. In Trump’s case the government ( irs) has gone over this with fine tooth comb previously and even demanded banks turn over any information on loans just to quietly dismiss investigations. This is grandstanding and will be moot in the future
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
59819 posts
Posted on 9/27/23 at 12:18 pm to
quote:

Someone explain the Trump fraud case to me?

Posted by Violent Hip Swivel
Member since Aug 2023
2519 posts
Posted on 9/27/23 at 12:22 pm to
quote:

They're going to continue to throw as much shite as possible at Trump for the next 11 months.


I think that Trump is being persecuted. That's why Trump should just be able to do whatever he wants and get away with it, because he's being persecuted.
Posted by Auburn1968
NYC
Member since Mar 2019
19448 posts
Posted on 9/27/23 at 12:27 pm to
quote:

So how is there fraud?


Leftists are just taking a page from their history.

Posted by ItzMe1972
Member since Dec 2013
9796 posts
Posted on 9/27/23 at 12:29 pm to


The Judge.
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