Eric really is that stupid

No, not arguing shooting at someone. A silly comparison.

Since you're an MBA you know that to prove fraud you have to show damages and have a victim. The "victims" aren't complaining.

We agree on one thing, fraud should not, and is not, legal.

But like ticketing a driver for speeding just cause, you know, might, no harm, no foul.

 

Bankruptcy laws are very well established in terms of how and whether it will be approved. Stop pretending bankruptcies are criminal. Courts can deny a chapter 11 claim if there was fraud involved.

 

You're confused. Banks are in business to lose money. When they're defrauded out of $150M they just shrug it off. Duh.

 

Ooops you wrote would instead of could. Probably your spell checker.

 

Two nearby properties on 2 acres without everything on Mar-A-Lago just went on the market for $150 and $200 million. Mar-A-Lago is 20 acres. $450M is far more accurate than the $18M number the judge used to justify his verdict.

 

No. I don't think that Trump would sell it for that. This judge is a real idiot. We'll see what happens when it's reviewed by a grown up court.

 

According to the EXPERT witness the BANKS and INSURANCE companies WERE HARMED to the tune of $168 MILLION.

That does NOT include the HARM he caused to NY TAXPAYERS when he UNDERPAID his PROPERTY taxes.

Harm PROVEN ergo FRAUD proven.

Next!

 

We will see what happens on appeal.

I predict Trump and his supporters are going to be sorely disappointed.

 

A 2300% increase is not out of range at all?

Fine, show me any other non-Trump property.....ANY that has been valuated at 2300% higher than it's tax assessment value.

 

A single Tennis Court at Miralago would sell for $18M. The judge is either corrupt or a blithering moron, but why choose.

 

They were incorrect estimates because they did not include all those facts per the initial ruling. His penthouse was significantly overvalued by 20,000 square feet. That is not a rounding error. And testimony so far shows that Trump and his sons intentionally did what they did. It is why Trump's former accounting firm said in 2021 that the books and records were unreliable.

 

That is incorrect on the statute cited. Mar a Largo is owned by an LLC based in New York that Trump Owns through his parent organization, Trump Org, which is why it is included

 

Under NY state law, not so and this argument has been rejected by the courts in New York.

 

And did those properties have the same restrictions that MAL does? Probably not. And please stop falling for the dumb-as-**** story that the judge somehow "ruled" that it was only worth 18 million. Trump is counting on his followers to be unwilling to read.

 

@garyd And, on top of that, Trump used this property as an ASSET to get LOANS in NEW YORK. Anyone with two brain cells to rub together can see why it is was included in this case.

 

And the court is claiming that maralago is worth the same today as it was forty years ago when Trump bought it forty years ago which even you should know is absurd.

 

The court never claimed that. Ever. You've fallen for one of Trump's laziest lies.

 

Court.
Rejected by the Engoron court.
Which will all be appealed as soon as Engoron issues his ruling(s).

 

Dude the 18-22k is roughly what it and the adjoining properties were listed at when Trump bought Them. And until they are sold again that is what they will be taxed at in Florida.

 

Not to further complicate matters, but valuation for tax purposes is different in most jurisdictions. Can't use loan value or sale value.
Just sayin....

 

And?

 

And that is the value the Judge assigned to it ergo as usual you are wrong.

 

That is not what the court said, for the umpteenth time.

 

Except not. The judge did not "assign" that value. You are falling for one of Trump's laziest, dumbest lies.

 

LOL The court never valued the properties. The Florida Tax Appraiser Office did so in 2011 for $18 million and continued to do so every year. Trump had his own figures and offered no evidence to what he claimed. He only offered speculation and rejected such speculation.