Trump ordered to pay over $350M for business fraud

That 63(12) isn't a criminal statute? If need be, sure.

 

Because...

"Under New York law, the five elements of a fraud claim must be shown by clear and convincing evidence: (1) a material misrepresentation or omission of fact (2) made by defendant with knowledge of its falsity (3) and intent to defraud; (4) reasonable reliance on the part of the plaintiff; and (5) resulting damage to the plaintiff"

 

Tucker Carlson literally said that Moscow was more beautiful than anywhere in the US and that his experiences there "radicalized" him against "our leaders" here in the US.

 

How would that even be a legal argument? Is Trump really so dumb he would try that? Maybe he just has a kink for getting laughed out of court. That would explain quite a bit.

 

No lawyer is going to make that argument. Well, maybe Alina Habba. But no real lawyer.

 

How can people believe that Trump can run the country efficiently when he can't even run his companies efficiently?
Whether DB complained or not is irrelevant. Maybe DB didn't mind as they were laundering money using these loans anyway.
I go back to my premised situation earlier in this thread. If I buy an ounce of cocaine from a guy, and I am happy with my purchase, and he is happy with the money, is it illegal? Is there a 'victim' of the crime? If the dealer doesn't have a complaint, can the state still charge me or us with a crime?
Hint: the indictment will read 'me' as the defendant and the state the crime was the committed in as the plaintiff. "State or North Carolina" vs. "your name here".
DB doesn't have to complain, and has no relevance to a case like this.
The State of NY applied laws that are on the books to this situation, and Trump was found to have broken them. PERIOD.

 

63(12) isn't a criminal statute...lol.

If the argument is made by New York that that's the statute used, then that would be the perfect argument.

 

What was his actual quote?

 

They didn't apply this law...

"Under New York law, the five elements of a fraud claim must be shown by clear and convincing evidence: (1) a material misrepresentation or omission of fact (2) made by defendant with knowledge of its falsity (3) and intent to defraud; (4) reasonable reliance on the part of the plaintiff; and (5) resulting damage to the plaintiff"...lol

 

Your are starting to catch on! Now, think hard: how would that be a legal argument when appealing?

Not to anyone who spent more than two seconds thinking about it. You seriously aren't getting this?

 

If you buy an ounce of cocaine both you and seller have broken the law.

 

Explain, because you aren't making the first damn bit of sense...lol

 

You forgot one:
State of NY: The paperwork was fraudulent, so it breaks statutes A, B and C. We will proceed with charges since it shows a pattern of intentional deceit.
That seems to be the point getting past Trump supporters.
Seems like Trump isn't really good at running businesses.

 

You're catching on. And if a loan seeker intentionally and systematically 'cooks the books' for getting loans, they have broken the law, regardless if any individual complains.

 

Thats because the restriction has nothing to do with the value of the property. And it most certainly doesn't make Mar a lago worth 18 million. You couldn't even build it for that or even purchase the property for that.

Instead, the value is figured using an “income approach,” a process dictated by longstanding deed restrictions that prevents Mar-a-Lago from being redeveloped or used for any purpose other than a club. Thats just for tax purposes. And you can change it ANYTIME you like and as Palm Beach would be MORE than happy to charge you a tax rate comparable to the properties value. Only 9 properties in Palm Beach qualify for that tax rate as a club and it takes years to qualify.

Engoron found (AS FACT) that Trump consistently exaggerated Mar-a-Lago's worth. He noted that Trumps estimate of the club's value was 2,300% times the Palm Beach County tax appraiser's valuations, which ranged from $18 million to $37 million. Which means he used the club tax assessment as the value of the property.
Which shows how dumb this guy really is or how corrupt he is. Take your pick.

The county gives Mar-a-Lago its current value for taxation of 18- $37 million based on its annual net operating income as a club and not on its resale value as a home or its reconstruction cost. Thats isn't a deed restriction for zoning. If anything, Mar a lago is only one of 9 properties who qualify for such a discounted tax rate making the property more valuable to potential buyers, who don't want to pay 80 to 100 million a year in property taxes.

Now you're just making up BS. A 62,000 sq ft ocean front 17 acre property in Palm beach valued by Trump at 650 million is 200% inflated?
You have no idea what your talking about. All you are doing is regurgitating propaganda.

No matter what restrictions could be on the property, it would never be valued below its replacement cost and real estate value. EVER.
You don't get to buy a 62,000 sq ft, 17 acre, beach front property for 18-30 million ANYWHERE ON THE PLANET no matter what its current deed restrictions are.

So you think Palm Beach ocean front properties and discounted 200% because its taxed as a club?
Do us all a favor. Show us all these amazing real estate listings anywhere on the coast of Florida that are listed for 70-200% of their value.
I'll wait while you dig that up for us.

 

From my post #743 from a WSJ op ed written by a law professor and anti Trumper:

 

Curiously the sophisticated financial professionals at DB didn’t conclude that Trump’s submittals were cooked.

 

Then try playing the court scene out in your head. I'll help you out:

Trump idiot attorney: Your honor, you must overturn this case because, look, they didn't use a criminal statue!
Judge (after done beating his head against the desk): . . .you moron . . . it wasn't a criminal case! You should voluntarily disbar yourself.

 

From the judge's decision:

Page 1 of 92
$$$$
SUPREME COURT OF THE STATE OF NEW YORK NEW YORK COUNTY
PRESENT:

HON. ARTHUR F. ENGORON
PART

37
Justice
------------------------------------------------------------------------------------X
INDEX NO.
452564/2022
Decision and Order After Non-Jury Trial
PEOPLE OF THE STATE OF NEW YORK, BY LETITIA JAMES, ATTORNEY GENERAL OF THE STATE OF NEW YORK, Plaintiff,

 

How was the plaintiff damaged?

 

(Speaking of his trip to the grocery store) ". . . we all came in around 400 bucks, about 400 bucks. It was $104 US here. And coming to a Russian grocery store, 'the heart of evil,' and seeing what things cost and how people live, it will radicalize you against our leaders. That's how I feel, anyway: radicalized."

 

Think about it like this:

Don't get mad. I can't help it that 63(12) has nothing to do with fraud...lol.

It describes the powers of the New York attorney general.

Only a moron would argue that Trump can be tried for fraud under that law.

 

You're the only saying they need a criminal statue for a civil case, dude.

 

link?

 

In this case, that is irrelevant. The plaintiff in this case is the "people of the state of NY"
That DB didn't care, apparently, does not matter. In fact, do we wonder why DB doesn't care? Why did they seemingly intentionally overlook these glaring facts?
Seems like there is some shadiness on the part of DB. Only speculation, but maybe they were the middle man for a money laundering scheme and weren't worried about the accuracy of the loan papers.
Just like, in the cocaine scenario I put forth earlier, neither the dealer or the buyer in an illegal drug deal complain. The state still can bring charges for such actions.