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The bank did not take Trump's word for it. Otherwise there reliance would not be reasonable, which is a necessary element of a fraud claim (i.e., reasonable reliance upon a representation that was not true).Trump obtained 2.2B dollars in loans from a German Banking Group..Deutsch Bank, to be specific. They took his word as to the valuations..no assessor needed or wanted. The bank was happy to make the loan and they made money.
The thing is, Trump lied to get that money, which gave him an unfair advantage over his competitors. Further, since the money was a 'loan' it was not taxed.
2.2b untaxed dollars for Trump to beat his competition over the head with.
It was unfair..and fraudulent.
You can, and will, whine like a colicky baby..but the court has spoken..and Trumps chance of winning an appeal are slim, at best.
As we speak, they are breaking up his NY business empire.
It is a civil case. There is no guilt or innocence.So you think he won’t be found guilty of any of the charges?
He did not commit fraud.Because he committed fraud.
Found guilty on summary judgment? This is perhaps the dumbest think I have read on here in some time.Yup. In a summary judgment.
^^thread title fraudTrump was in court today because he is being charged with "bank fraud".
The filth has alleged that Trump over inflated the value of mara lago and put it up as collateral for a loan.
Now lets pick this apart to see what utter horse shit this charge really is.
1 - A bank doesn't take the borrowers word for it. They will go assess the value of mara lago themselves before giving a loan.
2 - If you ask 5 people to assess the value of a property...you will get 5 different dollar amounts.
3 - There was no victim. Trump got the loans and paid them back plus interest. The banks aren't complaining one bit. And nobody is out a single penny.
So why is the filth doing this? So they can sway your opinion of Trump. People thunk...if Trump has all these charges against him...he MUST be guilty of SOMETHING. The filth wants to keep you from voting for Trump and this is their plan...you are watching it play out in real time.
It's the same with the "classified documents" case and every other of the 4 million cases against Trump...But I have news for the filth...
It AIN'T GONNA WORK!
View attachment 837478
never heard of summary judgment, eh? both sides routinely request it. you are a moron.Found guilty on summary judgment? This is perhaps the dumbest think I have read on here in some time.
I have heard of summary judgment. I have never heard of being found guilty on summary judgment, as I said. Try reading the entire sentence before you post next time, jizz breath. Don't waste me time.never heard of summary judgment, eh? both sides routinely request it. you are a moron.
seems like a You problem, hoss.I have heard of summary judgment. I have never heard of being found guilty on summary judgment, as I said. Try reading the entire sentence before you post next time, jizz breath. Don't waste me time.
What?seems like a You problem, hoss.
yes.What?
You're not up to snuff. Do your homeworkFound guilty on summary judgment? This is perhaps the dumbest think I have read on here in some time.
He's the Stormy one alright.Trump was in court today because he is being charged with "bank fraud".
The filth has alleged that Trump over inflated the value of mara lago and put it up as collateral for a loan.
Now lets pick this apart to see what utter horse shit this charge really is.
1 - A bank doesn't take the borrowers word for it. They will go assess the value of mara lago themselves before giving a loan.
2 - If you ask 5 people to assess the value of a property...you will get 5 different dollar amounts.
3 - There was no victim. Trump got the loans and paid them back plus interest. The banks aren't complaining one bit. And nobody is out a single penny.
So why is the filth doing this? So they can sway your opinion of Trump. People thunk...if Trump has all these charges against him...he MUST be guilty of SOMETHING. The filth wants to keep you from voting for Trump and this is their plan...you are watching it play out in real time.
It's the same with the "classified documents" case and every other of the 4 million cases against Trump...But I have news for the filth...
It AIN'T GONNA WORK!
View attachment 837478
What?
There is no guilty verdict in any civil case you absolutely appallingly ignorant asswipe. And there is no sentence in any civil case, either.He appealed his sexual assault guilty sentence and lost.
Trump was in court today because he is being charged with "bank fraud".
The filth has alleged that Trump over inflated the value of mara lago and put it up as collateral for a loan.
Now lets pick this apart to see what utter horse shit this charge really is.
1 - A bank doesn't take the borrowers word for it. They will go assess the value of mara lago themselves before giving a loan.
2 - If you ask 5 people to assess the value of a property...you will get 5 different dollar amounts.
3 - There was no victim. Trump got the loans and paid them back plus interest. The banks aren't complaining one bit. And nobody is out a single penny.
So why is the filth doing this? So they can sway your opinion of Trump. People thunk...if Trump has all these charges against him...he MUST be guilty of SOMETHING. The filth wants to keep you from voting for Trump and this is their plan...you are watching it play out in real time.
It's the same with the "classified documents" case and every other of the 4 million cases against Trump...But I have news for the filth...
It AIN'T GONNA WORK!
View attachment 837478
There was no sexual assault charge.There is no guilty verdict in any civil case you absolutely appallingly ignorant asswipe. And there is no sentence in any civil case, either.
Damn, you’re stupid.
Well, looney E. Jean Carroll did accuse him of rape. And there was a civil verdict (about 20 plus years later) about sexual abuse.There was no sexual assault charge.
Good points. Actually, a licensed appraiser never gives absolute value they give and OPINION of value based on real data. (comparable sales, comparable rentals, cost services, etc.) Appraisals (valuations) are done for different reasons but the most prevalent is Market Value. In income appraisals a capitalization rate could determine a different value than an appraisal for market (sale value). A county assessor appraises for ad valorem (taxes) purposes and will have a different limiting conditions and typically those assessments are not used by banks because they are not specific to the property and usually based on a mass appraisal (Opinions of value based on a whole community, City blocks, etc.. So there is that.Trump was in court today because he is being charged with "bank fraud".
The filth has alleged that Trump over inflated the value of mara lago and put it up as collateral for a loan.
Now lets pick this apart to see what utter horse shit this charge really is.
1 - A bank doesn't take the borrowers word for it. They will go assess the value of mara lago themselves before giving a loan.
2 - If you ask 5 people to assess the value of a property...you will get 5 different dollar amounts.
3 - There was no victim. Trump got the loans and paid them back plus interest. The banks aren't complaining one bit. And nobody is out a single penny.
So why is the filth doing this? So they can sway your opinion of Trump. People thunk...if Trump has all these charges against him...he MUST be guilty of SOMETHING. The filth wants to keep you from voting for Trump and this is their plan...you are watching it play out in real time.
It's the same with the "classified documents" case and every other of the 4 million cases against Trump...But I have news for the filth...
It AIN'T GONNA WORK!
View attachment 837478
