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I wonder if all this fraud on his books has anything to do with why the orange shut stain refused to release his tax returns while he was in office?No basis for civil fraud, totally bogus case that would never have seen the light of day if we had a REAL justice system. Fail. Next.
You seem to be flunking 3rd grade again.I wonder if all this fraud on his books has anything to do with why the orange shut stain refused to release his tax returns while he was in office?
And speakung of that, niw that Trump is the presumptive niminee isn't it time for Trump to again make his tax returns public?
When you apply for a loan, the terms of the loan are based on the value the lender assesses on your collateral.
You defeated yourself in your own op....
No victim no crime. No brain OP. No thread.
The victim a drink driving offense is the statute. A victim isn't required to complete the offense.
A civil matter or a tort MUST have a victim or plaintiff before a case can be brought.
Not compared to you. Thread closed.Wrong.
Gawd yoar stoopid, Lastdeadender.
Bro it's got a shot at the biggest thread FAIL of 2024. Countless business leaders and the lenders in this case all say this is how the real estate market works across the entire country.
The description of MAGAists, priceless.I remember when “conservatives” used to pretend to care about law and order. That was before they decided to prostate themselves to an orange messiah because feelingz.
I keep hearing and reading that Trump’s $450 million fine is bogus because he paid all of his loans back. Let me explain this to you, MAGA, because you’re not all that bright.
When you apply for a loan, the terms of the loan are based on the value the lender assesses on your collateral. If you lie about your collateral, you will pay a lower interest rate on your loan. You monetarily benefit from your lie because you’d otherwise pay a higher interest rate for the loan. It does not matter if you’ve paid back every penny. You have defrauded the bank.
I’ll give you an example. Most of MAGA live in trailer homes (and own brand new trucks). Let’s say you need a loan because your truck is nine months old and is looking a little worn so you decide to detail it. Your trailer home is $20,000 with a $15,000 mortgage. And even though your truck is worth $70,000, you really don’t want to put any more debt on it because, c’mon, get your priorities straight. But you still need $10,000.
So you go to the bank and claim your trailer home isn’t worth $20,000 but instead it’s worth $200,000. You ask for a $10,000 loan from the bank. The bank thinking you have only $15,000 in debt on a $200,000 property happily gives you the $10,000 loan for a low interest rate. However, if the bank knew your property was only worth $20,000 instead of $200,000, you either would have never gotten a loan or the bank would have charged you a much higher interest rate. Because you defrauded the bank, you benefited financially, even if you paid back every penny.
That’s effectively what Trump did. The fine the judge levied on Trump was the estimated value Trump received by committing fraud, plus penalties, plus interest.
If Hillary had done the exact same thing, you’d be baying for blood. But because your Orange Jesus committed fraud, you defend him like your life depends on it.
Wrong, wow you stuck your foot in your ignorant mouth right out of the gate. Lenders do not rely on your opinion of value, they make that determination themselves. Hence there was no fraud and no victims and this is a Dem SHAM.
The lenders used their own assessments dumb ass.
Most of these idiots have never been through a mortgage process, that's for certain, but not surprising.
Are you high?Hey Nostra, you moran.
Two things.
First, if everyone is speeding and only you get caught, you’re still speeding.
Second, if your trailer home is worth $20,000 and you say to the bank it’s worth $25,000, that’s quite a different thing than saying it’s worth $250,000.
Yoar welcome.
I remember when “conservatives” used to pretend to care about law and order. That was before they decided to prostate themselves to an orange messiah because feelingz.
I keep hearing and reading that Trump’s $450 million fine is bogus because he paid all of his loans back. Let me explain this to you, MAGA, because you’re not all that bright.
When you apply for a loan, the terms of the loan are based on the value the lender assesses on your collateral. If you lie about your collateral, you will pay a lower interest rate on your loan. You monetarily benefit from your lie because you’d otherwise pay a higher interest rate for the loan. It does not matter if you’ve paid back every penny. You have defrauded the bank.
I’ll give you an example. Most of MAGA live in trailer homes (and own brand new trucks). Let’s say you need a loan because your truck is nine months old and is looking a little worn so you decide to detail it. Your trailer home is $20,000 with a $15,000 mortgage. And even though your truck is worth $70,000, you really don’t want to put any more debt on it because, c’mon, get your priorities straight. But you still need $10,000.
So you go to the bank and claim your trailer home isn’t worth $20,000 but instead it’s worth $200,000. You ask for a $10,000 loan from the bank. The bank thinking you have only $15,000 in debt on a $200,000 property happily gives you the $10,000 loan for a low interest rate. However, if the bank knew your property was only worth $20,000 instead of $200,000, you either would have never gotten a loan or the bank would have charged you a much higher interest rate. Because you defrauded the bank, you benefited financially, even if you paid back every penny.
That’s effectively what Trump did. The fine the judge levied on Trump was the estimated value Trump received by committing fraud, plus penalties, plus interest.
If Hillary had done the exact same thing, you’d be baying for blood. But because your Orange Jesus committed fraud, you defend him like your life depends on it.
OMG the level of Dem retard is beyond fixing.I tried to make it really simple for you rubes.
If you lie on your application with the intention to deceive, it’s fraud regardless whether the bank does anything or not.
But keep whoring for a fraudster, cultist!
check this out...Wrong, wow you stuck your foot in your ignorant mouth right out of the gate. Lenders do not rely on your opinion of value, they make that determination themselves. Hence there was no fraud and no victims and this is a Dem SHAM.
I personally know the guy who was his banker at Deutsche Bank.
AmericaI remember when “conservatives” used to pretend to care about law and order. That was before they decided to prostate themselves to an orange messiah because feelingz.
I keep hearing and reading that Trump’s $450 million fine is bogus because he paid all of his loans back. Let me explain this to you, MAGA, because you’re not all that bright.
When you apply for a loan, the terms of the loan are based on the value the lender assesses on your collateral. If you lie about your collateral, you will pay a lower interest rate on your loan. You monetarily benefit from your lie because you’d otherwise pay a higher interest rate for the loan. It does not matter if you’ve paid back every penny. You have defrauded the bank.
I’ll give you an example. Most of MAGA live in trailer homes (and own brand new trucks). Let’s say you need a loan because your truck is nine months old and is looking a little worn so you decide to detail it. Your trailer home is $20,000 with a $15,000 mortgage. And even though your truck is worth $70,000, you really don’t want to put any more debt on it because, c’mon, get your priorities straight. But you still need $10,000.
So you go to the bank and claim your trailer home isn’t worth $20,000 but instead it’s worth $200,000. You ask for a $10,000 loan from the bank. The bank thinking you have only $15,000 in debt on a $200,000 property happily gives you the $10,000 loan for a low interest rate. However, if the bank knew your property was only worth $20,000 instead of $200,000, you either would have never gotten a loan or the bank would have charged you a much higher interest rate. Because you defrauded the bank, you benefited financially, even if you paid back every penny.
That’s effectively what Trump did. The fine the judge levied on Trump was the estimated value Trump received by committing fraud, plus penalties, plus interest.
If Hillary had done the exact same thing, you’d be baying for blood. But because your Orange Jesus committed fraud, you defend him like your life depends on it.
The victims are the banks.
That’s a lie and a fraud.
