Trump ordered to pay over $350M for business fraud

Discussion in 'Current Events' started by Patricio Da Silva, Feb 16, 2024.

  1. Condor060

    Condor060 Banned Donor

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    Yeah, we know. Are you not up to speed on the 7 million illegals that have invaded the US in the last 3 years?
    4 times more than any president in history.
    Are you not aware of NY demanding millions from the federal government to help with their sanctuary city illegal problems?
    lol

    And I don't need to explain why NY media is claiming the largest migration of New Yorkers are leaving. Even their own Mayor is stating the very same facts.
    Maybe you should ask them to explain it to you.
     
  2. AFM

    AFM Well-Known Member Past Donor

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    There was no false data. There were estimates of valuation from both Trump and DB. Adjustments were made, an interest rate was set, the loan was granted and paid off on time with interest. No fraud.
     
  3. AFM

    AFM Well-Known Member Past Donor

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    The properties used as collateral were real. They were not Potemkin properties.
     
  4. Condor060

    Condor060 Banned Donor

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    You have no clue what your talking about. lol

    His ruling on a case that is barred by the statute of limitations is enough. Coupled with his ruling of fraud to which he has no bank testifying they were defrauded.

    Yet Engoron told the media that Trump’s attorneys did not forget to check a box to request a jury trial in the Trump Organization fraud trial.
    I even gave you the article in which they quoted him.
    Now your calling Engoron a liar?

    Engoron himself stated he used the Palm Beach tax appraisers numbers which (depending on the year) is between 18-23 million. Which is what Palm Bch charges for memberships, not property values. You couldn't buy a half acre for 20 million much less a 62,000 sq ft mansion. He's an idiot.

    Show us all these restrictions. Its your claim, prove it.
    You haven't been right on anything yet, so I doubt you can prove this either.
     
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  5. Condor060

    Condor060 Banned Donor

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    Errrr, now you don't know the difference between moving out / Leaving / and vacationing for the winter?
    Hilarious
     
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  6. bx4

    bx4 Well-Known Member

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    I know exactly what I’m talking about. I’m afraid it’s you who has no clue on these matters.

    You thinking Engoron is wrong is not evidence of corruption. You asserted it but haven’t produced a shred of evidence.

    I said trump never asked for a jury. That is objectively correct. He never asked.

    Your assertion was that Engoron valued the property at 18 million. Glad to see you are backing away from that now … because he did not make that determination on his judgement. Thanks for the white flag.

    Restrictions are here.
    https://en.m.wikipedia.org/wiki/Mar-a-Lago#:~:text=Mar-a-Lago is ",case for an unrestricted property.
     
  7. The Ant

    The Ant Well-Known Member

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    Point remains…there are more moving IN than out…
     
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  8. Moolk

    Moolk Banned

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    It wasn't false data
     
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  9. Bush Lawyer

    Bush Lawyer Well-Known Member

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    Ah, so it is true that there were 33,000 square feet–the entire top three floors of the skyscraper?
     
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  10. AFM

    AFM Well-Known Member Past Donor

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    Welfare recipients are moving in. Taxpayers are moving out.
     
  11. truth and justice

    truth and justice Well-Known Member

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    The Mona Lisa painting is real too or did you not know that. It could just as much be used as collateral as any property. In fact, in financial accounts it would be listed as an asset in exactly the same way as a property
     
  12. AFM

    AFM Well-Known Member Past Donor

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    Of course the actual painting is real and worth a lot of money. Estimates of its worth are $850M, $1B, $5B, $10B, priceless. Which of these estimates are fraudulent ?
     
    Last edited: Feb 19, 2024
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  13. AFM

    AFM Well-Known Member Past Donor

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    If there is no corruption or no appearance of corruption why is the Governor of New York doing damage control to other businesses claiming that ‘what happened to Trump won’t happen to you’.
     
  14. truth and justice

    truth and justice Well-Known Member

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    How do you know that the painting I'm selling is the original? Is it because I signed a letter saying it's the genuine article?
     
  15. Arkanis

    Arkanis Well-Known Member

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    Wrong.

    The biggest problem with MAGA is that you give your opinion on subjects you know absolutely nothing about.

    Have you read the Engoron judgment?

    Of course not.

    You'll find it here: https://www.nytimes.com/interactive/2024/02/16/nyregion/trump-fraud-engoron-decision.html

    If you read it, you'll discover that, in addition to grossly over- or undervaluing his properties, Trump lied about acreage, type of use and renovations.

    His Trump Tower condo has thus changed size three times in the same year....
     
  16. Conservative Democrat

    Conservative Democrat Well-Known Member

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    Trump's mistake was challenging an election he clearly lost.
     
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  17. AFM

    AFM Well-Known Member Past Donor

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    I hired an expert to verify its authenticity
    and appraise the value. The expert said that some multi billionaire mihht well pay $10B for the painting. That is exactly what DB did except their experts are in house.
     
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  18. AFM

    AFM Well-Known Member Past Donor

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    The DB financial professionals reviewed all this, adjusted the valuation, and grantrd the loan.

    So which is it. Under or over valued. Who made the judgment of this? DB reviewed and adjusted and lent and was paid back on time with interest.
     
    Last edited: Feb 19, 2024
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  19. AFM

    AFM Well-Known Member Past Donor

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    He has a perfect right to do that. His mistake was that he did not implement forensic audits.
     
  20. bx4

    bx4 Well-Known Member

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    That’s not damage control. That’s just confirming that businesses that don’t commit fraud have nothing to worry about.
     
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  21. Arkanis

    Arkanis Well-Known Member

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    It is illegal to make a false declaration on your property.

    Whether it's to the bank, the IRS, a buyer or the insurance company.

    What part of that don't you understand?
     
  22. AFM

    AFM Well-Known Member Past Donor

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    It is not illegal to provide an estimate of the worth of a property.
     
  23. AFM

    AFM Well-Known Member Past Donor

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    Why does the Governor need to do that right after the Trump verdict ?

    There was no fraud in the Trump case until the New York Justice system manufactured it. The same thing could happen to anyone or business applying for a loan and using an estimated value of property for collateral.
     
    Last edited: Feb 19, 2024
  24. Arkanis

    Arkanis Well-Known Member

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    You're hurting yourself.

    Go read the Engoron judgment.
     
  25. TomFitz

    TomFitz Well-Known Member

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    Trump made a lot of them up. The notion that there is no false data in any of this is simply hilarious!!!!

    I’ll bet you’re still waiting for your Trump Steak, and your diploma from Trump U.
     

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