New York Attorney General takes initial step to prepare to seize Trump assets

And BECASIE of that history, he believes he is untouchable. As his supporters believe him over the justice system.........he is banking on getting away with more of his illegal actions.

Monday should be interseting.........it is deadline time. (one can pretty much imagine what he is thinking and saying. Victim card again??!! or someting more creative ??

 

No. HE, You or I can value our property at whatever amount we see fit.. It's up to the lender to protect their investors by using their assessors and only loan what they appraise the value at, common sense.

On the other hand, there should not have even been a dispute, the lender was made whole plus interest and had no issue or complaint.. This was all political fascism created by the fascist DNC..

 

Not sure why it is necessary, but to be redundant, when signing for a loan, it is explicit that one is truthful, the language is clear. Over valuating ones assets used for collateral is illegal, it is plain and clear.

 

Keep telling yourself the same lies. When the fascist elements of your party get control, it will be too late.

 

He never abused the court system when he was president. Your side abused the system with the Adam Schiff star chamber which proved nothing just like the Mueller investigation. Your hate is not a basis for guilt.

 

Actually the Dems probably could have impeached Trump in 2018, for his collusion with China, which was certainly not America First policy. The DEMs let that one slide.

https://www.huffpost.com/entry/trump-china-zte_n_5af9f701e4b0200bcab7fa66

From May 15, 2018 ---
Trump Orders Help For Chinese Phone-Maker After China Approves Money For Trump Project

Trump will profit from Indonesian resort project that will get $500 million in Chinese loans in a deal sealed days before before his tweet ordering help for ZTE.
...
“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump announced on Twitter Sunday morning. “Too many jobs in China lost. Commerce Department has been instructed to get it done!”

The President colludes with China for personal gain - I would think he could have been impeached for this. That $500 million could be used to pay his bond.

 

All you got is insults?

 

Trumps isn’t “being picked on”. He has a history of over 4,000 court cases - who on the right side of the law has seen that many?

 

No, just the truth. The Democrat activities in the court system are very dangerous.

 

From my favourite Aussie poster, Karna/Mattyfisk:

 

The bank that made this deal loves Trump and calls him a whale, which is a term used for their most important customers. Are the rumors that banks won't deal with him from the TDS crowd in MSM?

In any event that claim makes no sense. These arguments are like what one would expect from the ladies on The View who know nothing about real estate or business. Apparently, MSM and Leticia are trying to say bankers are like some unsuspecting homeowner who goes into a bank and is clueless as to finance and never bought a home before and is sent away by some bankers twisting his mustache with a 16% loan on a house.

 

Driving fast can be dangerous and is therefore illegal. Taking out a loan approved by the bank that was repaid with interest in time is not a crime regardless of who made the appraisals. Appraisals are opinions. The bank certainly used its own appraisal to make the loan. The crime is election interference and Trump didn't do that. This prosecution is SOLELY political. It has no other useful purpose except for the potential increase in New York's bank account. Most people would describe that as theft.

 

That is for public consumption not for anything related to law. Courts don't authorize serving a novichok breakfast.

 

He could sue the state to make him financially whole. Then they could start a whole new fight over real estate appraisals.

 

There is a victim in your speeding case, the other drivers on the road. You've made it less safe for them. That's why there are speeding laws. Did Trump make it less safe for the banks that he repaid the loans to with interest? The fraud laws on the book are there to help make victims whole. The problem with this case is there are no victims to make whole. That's why the fine is a violation of the 8th amendment on its face. Trump will win the appeal easily. But that was never the point. The fine is to ensure that Trump can't use the cash for his campaign. The far left is evil to the core.

 

Trump will easily win this on appeal. I know that sticks in the left's craw, but deal with it.

 

The wrong side is anything that the DA (in our case) can come up with no matter how much of a stretch it is. Remember, they have nearly unlimited resources to prosecute. How much money do we have to fight it as an average citizen? Trump will easily win this on appeal. There is no victim to make whole, so the fine is way out of proportion to the alleged crime.

 

Is purposely lying on financial disclosures to obtain lower rates or more money legal? Yes or no?

 

Don't know that the law allows that can you show it does? And who pays the cost of his lawsuit to do so? What on earth is the state even going to do with starting the day they take it over? How are they going to operate it, what about all the contracts for rental space and purchased space including people WHO LIVE THERE? What about the insurance coverage with the Trump company which no longer owns it, who is libel for and claims? What about the property taxes, New York City has to pay the property taxes to itself?

Why hasn't a superior court stepped in an halted this absurd nonsense?

 

Is putting a valuation on a form legal along with your disclosure statement that any lending institute considering lending them money should only use their own assessment legal...................yes. Is it a duty under fiduciary law for a lending institute to do it's own assessment before lending money.....yes. Did any bank testify they used the Trump numbers over their own.......no. Did any lender testify they were defrauded......no. Did any of the lenders testify they would never again do business with Trump.....no in fact they all said they would welcome it.

So what exactly is he being extorted by this Judge and DA for?

 

None of these things matter. The prosecution wasn't to do good for New Yorkers. It was to try to prevent a second term for Trump. The democrats will do literally anything to see that through. And the republicans just complain.

Fear? Corruption? Who knows? It is the supreme court that should weigh in but that is unlikely.

 

I don't know. Real estate appraisals are opinions. Opinions are not illegal to my knowledge. But since overstating value occurs more often than not, it isn't something that should motivate election interference. The DA doesn't need to be involved in this. It is up to the banks to accept the valuations or get their own appraisals. They get their own appraisals. Nothing has changed except for one AG wanting to fulfill a campaign promise.

 

WHY CAN NONE OF YOU ANSWER SIMPLE QUESTIONS?!?!

As to your question — it all trump had done is say my property is worth 20 quadrillion dollars then he would be fine, but that isn’t what happened. He submitted disclosures that he had his team edit which included massively inflated square footage numbers, fraudulent rent rolls and income statements — all manipulated to give him the valuation he wanted.

Lying on a loan application is fraud
It is illegal

 

Yes...yes...

Your now adding the admittance makes it a false analogy.