Misleading asset evaluations is standard procedure for business.
maybe, maybe not. but it's still a crime. you need to actually do a little more fact finding & a little less wishful thinking based only on your opinion.
18 U.S. Code § 1344 - Bank fraud
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Whoever knowingly executes, or attempts to execute, a scheme or artifice—
(1)
to defraud a financial institution; or
(2)
to obtain any of the moneys, funds, credits, assets, securities, or other property owned by, or under the custody or control of, a financial institution, by means of false or fraudulent pretenses, representations, or promises;
shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.
(Added
Pub. L. 98–473, title II, § 1108(a), Oct. 12, 1984,
98 Stat. 2147; amended
Pub. L. 101–73, title IX, § 961(k), Aug. 9, 1989,
103 Stat. 500;
Pub. L. 101–647, title XXV, § 2504(j), Nov. 29, 1990,
18 U.S. Code § 1344 - Bank fraud
Insurance fraud
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insurance fraud: an overview
Insurance fraud refers to any duplicitous act performed with the intent to obtain an improper payment from an insurer.
Police and prosecutors typically refer to an insurance fraud scheme as either “hard fraud” or “soft fraud.” Hard fraud, the rarer of the two forms, occurs when a criminal deliberately brings about the destruction of property for the purpose of collecting on the insurance policy.
Soft fraud, on the other hand, occurs when a policyholder exaggerates an otherwise legitimate claim or when an individual applies for an insurance policy and lies about certain conditions or circumstances to lower the policy’s premium.
One common form of insurance fraud occurs when the insurance policy amounts to a greater value than the value of the insured property.
Insurance fraud
The only time you can prosecute over asset evaluations if you it can be proven you used wildly different evaluations of the same asset in the same time period.
the NY AG states exactly what you just said, although she's going after trumpco civilly.
Donald Trump investigation reveals new details of alleged fraud
Wed, January 19, 2022, 9:16 AM·4 min read
Her latest court filing on Tuesday is the first time the allegations being levelled at the Trump Organization have been detailed with specific examples.
They involve six of his properties in New York and Scotland, and the "Trump brand".
For example, his large property in Westchester county, north of Manhattan, was valued by the Trump Organization at $291m in 2012 (£189m at the time), however an appraisal in 2016 valued it far lower, at just $56m, the court filing says.
The attorney general also alleges that Mr Trump's lavish three-storey penthouse in New York's Trump Tower was valued based on a size of 30,000 sq ft (2,800 sq m), but it is in fact 10,996 sq ft.
The court filing claims that at least two false statements were made to the Internal Revenue Service (IRS) - the main tax body in the US - that "substantially overstated" the value of two properties to get a tax break.
Ms James says this is evidence that the Trump Organization "used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions."
Donald Trump investigation reveals new details of alleged fraud
you're welcome for the facts.