Trump ordered to pay over $350M for business fraud

By the Gump Org lying repeatedly.

READ THE JUDGMENT!

 

Who is the victim in a dui with no accident? Who gets the money?
How about for driving with no license? fishing with out one?
how about an osha violation where nobody got hurt?

 

Yes, the legality of financial fraud or the legality of having your wife murdered. Neither is Okay. Neither gets a pass from the law, regardless of who is happy with the fraud.

 

Who was the victim of Hunter lying on his gun permit? The govt is supposed to catch that kind of thing.

 

They were defrauded, and the taxpayers were defrauded, and other bank patrons were defrauded.

 

Alan Dershowitz.

 

DB executives have publicly stated that they were not defrauded. Taxpayers were not defrauded but taxpayers do have to pay for the millions of dollars wasted on this show trial.

 

Why does he financial ruin bring you such favor? No one claimed they were defrauded here so for what fraud did he get nailed? What damages requiring $350M in punitive payments were suffered by whom?

 

There was no fraud. DB executives confirmed this. Trump’s valuation documentation had a disclaimer on it advising DB to perform their own evaluation. DB would have done so regardless because of their fiduciary responsibility and the result was an adjustment to the valuation and an interest rate. The loan was paid on time with interest. There was no fraud.

 

DUI is a crime. That's settled in a criminal court.

This is a civil trial. Try again.

 

What did they lose?

 

You tell us...lol.

 

Who was defrauded? Anytime there's fraud, there has to be a fraud victim. Who was the victim of the fraud?

 

There was no fraud. DB executives confirmed this. Trump’s valuation documentation had a disclaimer on it advising DB to perform their own evaluation. DB would have done so regardless because of their fiduciary responsibility and the result was an adjustment to the valuation and an interest rate. The loan was paid on time with interest. There was no fraud.

 

This case looks so bad, that Kathy Hoschul had to do damage control...lol...

https://www.theguardian.com/us-news...rdict-new-york-business-governor-kathy-hochul

 

It doesn't matter what they say now. The fraud is in...wait for it...the FRAUDULENT documents that were submitted, resulting in a lower interest rate, and more loan-purchasing power than someone would get by submitting much worse financial documents, offering much smaller and much less valuable properties as collateral, guarantees, surety.

I can explain it to you, but I have no ability to make you comprehend it. I'm so sorry.

 

That is exactly one of Alan Dershowit’s points. Businesses may be moving out of New York as a result. We are seeing a mass exodus from all ghe progressive states headed to states with a better quality of life like Florida. Our son paid $300K for a house in WOB five years ago. Now worth $600K. No fraud involved in that valuation.

 

The DB executives determined there was no fraud before granting the loan. The documents had a disclaimer.

You can’t explain it because there was no fraud. Why do you assume that the financial professionals at DB which is one of the most successful banks in the world are not capable of determining valuation and risk? Maybe you can explain that?

 

There's no way you could ever explain, intelligently, how that equates to fraud.

 

This was a civil matter what crime has Trump been convicted? Who suffered the damages that required a $350M forfeiture of his property and sanctions against him doing business in New York?

 

So it’s more like a seatbelt ticket, not having a DL, invalid registration, and about a million other civil infractions?

 

$355 million. Read the judgment.

 

They are not the arbiters of the law. I'm so sorry.

 

You see, there are laws on the books . . .

 

NFL. Not for long.