Trump ordered to pay over $350M for business fraud

Just because you are unhappy with the result doesn’t mean it was unfair.

The law was applied.

 

They’re so crazy that they apply the law there! What’s wrong with them?

 

It was Stalinesque. No one should be happy about that.

 

The law was applied in an unintended manner to GET TRUMP. This is not justice where the law is applied equally to all. If it is the intent of Letitia to indeed apply this law universally and equally who is next to be indicted for so called fraud on loan applications. No one should be happy about this

 

LOL!

Usually, when a valid legal argument is made, its proponent relies upon some language in the statute and maybe a case or two interpreting the language in their favor. A legitimate legal argument is not “uh, it’s supposed to be consumer protection only “ when the language doesn’t support that argument, and similarly, a valid argument doesn’t rely on screams of unfairness when it does not even exist.

To put it simply, you’re way off base.

 

The observation of the commitment to manufacture a crime targeting a certain individual is valid.

 

LOL! Yes, it is ok to fabricate your business records. Holding the Orange Shart accountable for his lies is just like communism and stuff!

 

Empty claim in light of the statute, the facts and the record. You seem to be just repeating the same claims without any tether to reality.

 

There was no fabrication.

 

It’s a valid claim supported by the chain if events. Which loans will Letitia be investigating next?

 

And there it is, folks! The trump apologists’ favorite defense.

Alternative facts!

 

Another winning appellate argument!

 

And an accurate defense. Valuations are subjective. It is the fiduciary responsibility of DB to determine valuation, risk, and appropriate interest rate. This they did. The loan was granted and repaid. No victims. No damages.

 

Correct.

 

This argument that fraud is a victimless crime is a totally dishonest spin by MAGA.

Laws are not meant to be broken.

But when Trump breaks the law, MAGA attacks our justice system.

Cult.

 

That is not what I have said.

 

That's what you keep saying on this thread.

Fraud is a victimless crime....

When I'm going 200km/h in a 90 zone and I don't hit anyone, I don't cause any casualties.

So I shouldn't get a ticket.

 

Only this entire thread. Except for that, you haven’t been saying that.

 

But you understand that the law exists because the bank will be on the hook when these valuations are incorrect right ?

And these “valuations” are built by the company requesting the loan. No loans would ever happen if the banks had to do all of the due-diligence on valuations. This isnt like getting a car loan where you have to show your W2 and other legal financial documents, BUT, if you read the legalize on your next loan, it clearly states that if you lie on your application you can be held financially and legally liable for those lies…

So explain why a business should be exempt from that if they lie on document THEY create ?

 

No. They have stated no one was defrauded. That there was no victim. That’s quite different from your twist to:

Fraud is a victimless crime.

 

They never said no one was defrauded. And good luck with your argument that it should be legal to shoot at people as long as you miss -- which, yes, is what you are arguing. You are also arguing drunk driving should be legal as long as you don't hit anyone.

 

Again that is not what I have said.

 

And again that is not what I have said.

 

The only people who claim that are those who lack basic history education or who are lying. No, this wasn't "Stalinesque."

 

It is the fiduciary responsibility of the lending organization to determine valuation and risk. That is always the case. In this case DB did due diligence. They granted the loan at an appropriate interest rate, the loan was repaid on time with interest.