Crooked New York Judge Attempts To Destroy Trump's Businesses......Just Biden's Way Of Attacking His Political Opponent

Status
Not open for further replies.

mudwhistle

Diamond Member
Gold Supporting Member
Jul 21, 2009
130,203
66,309
2,645
Headmaster's Office, Hogwarts
A judge in New York (LOL) is attempting to destroy Trump thru the courts by declaring that Trump's businesses are filled with fraud.

This is the result of a lawsuit, and even before the trial started this crooked judge has already attempted to shut Trump's businesses down.

In a highly biased ruling.....

In his 35-page opinion, Justice Arthur F. Engoron tore apart what he called the Trump family’s “bogus arguments” and obstreperous conduct. And he summed up the entire defense as “a fantasy world, not the real world.”

“In defendants’ world: rent regulated apartments are worth the same as unregulated apartments; restricted land is worth the same as unrestricted land, restricts can evaporate into thin air… all illegal acts are untimely if they stem from one untimely act; and square footage [is] subjective,” he wrote.

No surprise here considering the fact that despite Trump being indicted 4 times by the Biden Adm and their crooked friends, he's currently leading Biden by almost 10 points.

This sort of mess was bound to start the moment that became public. It's all over Trump allegedly overvaluing his property. This is nonsense of course.

An example of the bias being exhibited by banks, Mar-A-Lago was only appraised at $18 million, yet a smaller less valuable property within walking distance from Trump's famous home was appraised at over $100 million.
What the heck is going on here?



 
NEW YORK (AP) — A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president’s companies removed from his control and dissolved.


Judge Arthur Engoron, ruling in a civil lawsuit brought by New York Attorney General Letitia James, found that Trump and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing loans.


Engoron ordered that some of Trump’s business licenses be rescinded as punishment, making it difficult or impossible for them to do business in New York, and said he would continue to have an independent monitor oversee Trump Organization operations.


If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties in the state.


Trump, in a series of statements, railed against the decision, calling it “un-American” and part of an ongoing plot to damage his campaign to return to the White House.


“My Civil rights have been violated, and some Appellate Court, whether federal or state, must reverse this horrible, un-American decision,” he wrote on his Truth Social site. He insisted his company had “done a magnificent job for New York State” and “done business perfectly,” calling it “A very sad Day for the New York State System of Justice!”


Trump’s lawyer, Christopher Kise, said they would appeal, calling the decision “completely disconnected from the facts and governing law.”


Engoron’s ruling, days before the start of a non-jury trial in James’ lawsuit, is the strongest repudiation yet of Trump’s carefully coiffed image as a wealthy and shrewd real estate mogul turned political powerhouse.


Beyond mere bragging about his riches, Trump, his company and key executives repeatedly lied about them on his annual financial statements, reaping rewards such as favorable loan terms and lower insurance costs, Engoron found.

 
NEW YORK (AP) — A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president’s companies removed from his control and dissolved.


Judge Arthur Engoron, ruling in a civil lawsuit brought by New York Attorney General Letitia James, found that Trump and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing loans.


Engoron ordered that some of Trump’s business licenses be rescinded as punishment, making it difficult or impossible for them to do business in New York, and said he would continue to have an independent monitor oversee Trump Organization operations.


If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties in the state.


Trump, in a series of statements, railed against the decision, calling it “un-American” and part of an ongoing plot to damage his campaign to return to the White House.


“My Civil rights have been violated, and some Appellate Court, whether federal or state, must reverse this horrible, un-American decision,” he wrote on his Truth Social site. He insisted his company had “done a magnificent job for New York State” and “done business perfectly,” calling it “A very sad Day for the New York State System of Justice!”


Trump’s lawyer, Christopher Kise, said they would appeal, calling the decision “completely disconnected from the facts and governing law.”


Engoron’s ruling, days before the start of a non-jury trial in James’ lawsuit, is the strongest repudiation yet of Trump’s carefully coiffed image as a wealthy and shrewd real estate mogul turned political powerhouse.


Beyond mere bragging about his riches, Trump, his company and key executives repeatedly lied about them on his annual financial statements, reaping rewards such as favorable loan terms and lower insurance costs, Engoron found.

Good for that judge.
 
Engoron found that Trump consistently overvalued Mar-a-Lago, inflating its value on one financial statement by as much as 2,300%. The judge also rebuked Trump for lying about the size of his Manhattan apartment. Trump claimed his three-story Trump Tower penthouse was nearly three times its actual size, valuing it at $327 million.


“A discrepancy of this order of magnitude, by a real estate developer sizing up his own living space of decades, can only be considered fraud,” Engoron wrote.


On X in the wake of the ruling, Eric Trump insisted his father’s claims about Mar-a-Lago were correct, writing that the Palm Beach estate is “speculated to be worth well over a billion dollars making it arguably the most valuable residential property in the country.” He called the ruling and the lawsuit “an attempt to destroy my father and kick him out of New York.”


Under the ruling, limited liability companies that control some of Trump’s key properties, such as 40 Wall Street, will be dissolved and authority over how to run them handed over to a receiver. Trump would lose his authority over whom to hire or fire, whom to rent office space to, and other key decisions.


“The decision seeks to nationalize one of the most successful corporate empires in the United States and seize control of private property all while acknowledging there is zero evidence of any default, breach, late payment or any complaint of harm,” Kise said after the decision.


James’ lawsuit is one of several legal headaches for Trump, the Republican front-runner in next year’s election. He has been indicted four times in the last six months — accused in Georgia and Washington, D.C., of plotting to overturn his 2020 election loss, in Florida of hoarding classified documents, and in Manhattan of falsifying business records related to hush money paid on his behalf.


The Trump Organization was convicted of tax fraud last year in an unrelated criminal case for helping executives dodge taxes on perks such as apartments and cars. The company was fined $1.6 million. One executive, Trump’s longtime finance chief Allen Weisselberg, pleaded guilty and served five months in jail.


James’ office previously sued Trump for misusing his charitable foundation to further his political and business interests. Trump was ordered to give $2 million to charity as a fine while his own charity, the Trump Foundation, was shut down.
 
On X in the wake of the ruling, Eric Trump insisted his father’s claims about Mar-a-Lago were correct, writing that the Palm Beach estate is “speculated to be worth well over a billion dollars making it arguably the most valuable residential property in the country.” He called the ruling and the lawsuit “an attempt to destroy my father and kick him out of New York.”
Mar a Lago is not a residential property and no one in their right mind thinks it's anywhere near the "most valuable" anything.

The idea that it's worth $1.5 billion is absurd.
 
Get a damn grip you stupid shit.

“In defendants’ world: rent regulated apartments are worth the same as unregulated apartments; restricted land is worth the same as unrestricted land, restricts can evaporate into thin air… all illegal acts are untimely if they stem from one untimely act; and square footage [is] subjective,” he wrote.

Can you not understand that quote? Trump is a damn con artist, and hell, even at that he isn't that good. Only fools and idiots believe his shit, which one are you? I am going with both, a fawking foolish idiot.
I don't think you understand what that quote means.
I took Real Estate classes in 2 different states. Passed the Georgia State exam....and worked as a loan originator in Tennessee.
 
Last edited:
Get a damn grip you stupid shit.

“In defendants’ world: rent regulated apartments are worth the same as unregulated apartments; restricted land is worth the same as unrestricted land, restricts can evaporate into thin air… all illegal acts are untimely if they stem from one untimely act; and square footage [is] subjective,” he wrote.

Can you not understand that quote? Trump is a damn con artist, and hell, even at that he isn't that good. Only fools and idiots believe his shit, which one are you? I am going with both, a fawking foolish idiot.
Thanks for the useless comment, Mr Sock.
 
Thanks for the useless comment, Mr Sock.
Got it. You have no rebuttal. Trump can go to the tax man, tell them his property isn't worth jackshit, and then go to the bank and tell them it is worth billions. I mean how stupid can you be. Trump doesn't pay jackshit in taxes, and the end result, YOU PAY MORE. Hell, who is the fool here?
 
Status
Not open for further replies.

Forum List

Back
Top