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If you do not fill in an online loan application form correctly you will be sentenced to a fine of 354,9 million USD. You will be barred from receiving loans for three years, your children for two, your cats and dogs for one. The spider in the basement will have its web confiscated and you will get a parking prohibition in your garage for ten years.Trump ordered to pay $355m to New York for lying to banks
In the civil case, a judge ordered the penalty to keep him and his sons from continuing "fraudulent ways".www.bbc.co.uk
He will appeal this . I can only see it as a delaying tactic.
Does he have any grounds to appeal this judgement ?
Trump ordered to pay $355m to New York for lying to banks
In the civil case, a judge ordered the penalty to keep him and his sons from continuing "fraudulent ways".www.bbc.co.uk
He will appeal this . I can only see it as a delaying tactic.
Does he have any grounds to appeal this judgement ?
If you do not fill in an online loan application form correctly you will be sentenced to a fine of 354,9 million USD. You will be barred from receiving loans for three years, your children for two, your cats and dogs for one. The spider in the basement will have its web confiscated and you will get a parking prohibition in your garage for ten years.
The sentence should base on the damage inflicted on the bank.If you fraudulently fill an online application, you or I would be prosecuted -- criminally.
Yes.Trump ordered to pay $355m to New York for lying to banks
In the civil case, a judge ordered the penalty to keep him and his sons from continuing "fraudulent ways".www.bbc.co.uk
He will appeal this . I can only see it as a delaying tactic.
Does he have any grounds to appeal this judgement ?
The sentence should base on the damage inflicted on the bank.
Yes.
It will be something dishonest and baseless, such as the ‘no victims’ appeal – but that doesn’t mitigate the fact that Trump violated the law and that the verdict is perfectly appropriate and warranted.Trump ordered to pay $355m to New York for lying to banks
In the civil case, a judge ordered the penalty to keep him and his sons from continuing "fraudulent ways".www.bbc.co.uk
He will appeal this . I can only see it as a delaying tactic.
Does he have any grounds to appeal this judgement ?
It is basically part of the system. Keep the money flowing. If you restrict that you restrict also the overall economy.No, it shouldn't. If the banking system engages in risky behavior, such as willfully doing billions of dollars in business with people who inflate the value of their property, that's a problem. As I said in another thread, if it's one client, that's one thing, but I seriously doubt Donald Trump is the only one getting that kind of treatment.
With that being said, that raises the obvious question: why not do more to regulate and punish the banks in that situation? That would be a fair question to raise. And yes, I'll say it up front: they wouldn't have ever gone after Trump had he not become a political figure. But that can be said of many political figures who've been prosecuted in the past (see Bill Clinton).
The fine was based on the amount that trump benefitted from his fraud He made a lot of money from it.If you do not fill in an online loan application form correctly you will be sentenced to a fine of 354,9 million USD. You will be barred from receiving loans for three years, your children for two, your cats and dogs for one. The spider in the basement will have its web confiscated and you will get a parking prohibition in your garage for ten years.
The bank too. And the fact that Trump inflated his assets´ value is just a another judge´s ruling. I don´t think it is actually proven. The judgement is Un-American. I say that as someone who does not want another Trump term.The fine was based on the amount that trump benefitted from his fraud He made a lot of money from it.
Trump ordered to pay $355m to New York for lying to banks
In the civil case, a judge ordered the penalty to keep him and his sons from continuing "fraudulent ways".www.bbc.co.uk
He will appeal this . I can only see it as a delaying tactic.
Does he have any grounds to appeal this judgement ?
It is basically part of the system. Keep the money flowing. If you restrict that you restrict also the overall economy.
Yes, it means risk and there will be bad times now and then. The bank took the risk, they certainly know about Trump´s bankruptcies.Nah, what you're advocating, whether you realize it or not, is corruption. The reason the banks likely gave Donny a pass is because they suing him and threatening him with bankruptcy would have risked their outstanding loans, which was probably the smart move. But it's much better to discourage fraud in the first place - because it creates risk. And at scale, it risks not only one bank, but a chunk of the economy. Banking insolvency can start that way.
If two dealers kill each other over a drug deal a crime has still been comitted,Everybody made money during the financial crash until they didnt.The bank too. And the fact that Trump inflated his assets´ value is just a another judge´s ruling. I don´t think it is actually proven. The judgement is Un-American. I say that as someone who does not want another Trump term.
Not as much money as it should have made for the undisclosed risk it was running.The bank too.
It is a draconian judgment based on assumptions.If two dealers kill each other over a drug deal a crime has still been comitted,Everybody made money during the financial crash until they didnt.
There were no victims. Who gets the money?Trump ordered to pay $355m to New York for lying to banks
In the civil case, a judge ordered the penalty to keep him and his sons from continuing "fraudulent ways".www.bbc.co.uk
He will appeal this . I can only see it as a delaying tactic.
Does he have any grounds to appeal this judgement ?
