Judge orders Trump to pay nearly $355 million in civil fraud trial

[Fort Fun Indiana]

Very convenient. Let's just go after the businesses then. How do you think that would go over?

That's what will happen, if they give the AG a reason to investigate them.

You just don't put any of this on the orange criminal AT ALL, do you?

"My baby dindu nuffin"

 

[Fort Fun Indiana]

So banks loan out milions based to the property owner's personal evaluation of the properties?

No. Based on financial statements compiled by an accounting firm based on documents submitted to them by the borrower, affirmed as accuratebunder penalty of law.

We have been over this.

 

[Flopper]

the businesses are already leaving NY. They aren't stupid.

As the governor said, "law-abiding businesspeople have 'nothing to worry about' and she is right. Trump did not bend the law a bit, he grossly violated it, year after year and continued to do it even when he was being investigated. You don't hear the banks complaining about the law.

 

[Flopper]

What will be interesting to me...

He's also barred from doing business with banks that operate in New York.

So what major banks (those that could entertain 1/2 billion or more in financing) DON'T have offices in New York State?

WW

More to to point will banks loan him half billion to payoff, court ordered fines and penalties. He could get loans from private sources or out of state banks. However with Trump's upcoming criminal trials, how much would his loans be worth if he's in jail which is a distinct possibility.

 

[SweetTea]

That's what will happen, if they give the AG a reason to investigate them.

You just don't put any of this on the orange criminal AT ALL, do you?

"My baby dindu nuffin"

The only "reason" was because he was a Republican who was President

 

[Fort Fun Indiana]

More to to point will banks loan him half billion to payoff, court ordered fines and penalties. He could get loans from private sources or out of state banks. However with Trump's upcoming criminal trials, how much would his loans be worth if he's in jail which is a distinct possibility.

The only "reason" was because he was a Republican who was President

That's not what the indictments show.

But you don't know what is in them, because you have been ordered not to read them.

And you obey.

You shouldn't even be commenting about this topic. Read the indictments.

 

[Flopper]

The only "reason" was because he was a Republican who was President

The City and the State of New York have been after Trump since the 1980's long before he decide to become a politician. The problem is not his political affiliations but rather the way he does business.

 

[SweetTea]

The City and the State of New York have been after Trump since the 1980's long before he decide to become a politician. The problem is not his political affiliations but rather the way he does business.

Ask yourself this question. If Trump was a far left-winger who was elected President, would he have been indicted in NYC for fraud? Be honest.

 

[SeaMajor7]

The City and the State of New York have been after Trump since the 1980's long before he decide to become a politician. The problem is not his political affiliations but rather the way he does business.

"After him" for what, exactly?
Sounds like BULLSHIT to me.

 

[Fort Fun Indiana]

Ask yourself this question. If Trump was a far left-winger who was elected President, would he have been indicted in NYC for fraud? Be honest.

The only fraud indictment he has in NY is for his campaign finance fraud. And yes, they go after everyone for that

 

[AntonToo]

Ask yourself this question. If Trump was a far left-winger who was elected President, would he have been indicted in NYC for fraud? Be honest.

Thats a weird question to ask if you can't be bothered to first ask yourself if Trump would be having all these problems if he wasn't blantantly commiting fraud.

His own triplex in Trump tower being claimed to be 30,000SQ FT in mutiple financial documents is fraud, no ifs, no butts, yet here you are like a ******* idiot talking about how unfair it is that he is held liable for that fraud.

Foremost question you ough to ask yourself is - how the hell did I get here?

 

[Flopper]

Ask yourself this question. If Trump was a far left-winger who was elected President, would he have been indicted in NYC for fraud? Be honest.

Probably not.
Would the House be investigating Biden's son if Biden wasn't president? Probably not
Would the House be impeaching Biden if he was a republican president? Probably not.
If Santos was not elected would he be facing trial for multiple felonies? Probably not.

Successful politicians are always a target of the opposition as well as the media and for good reason. Honesty and good character has been the unwritten requirement for politicians running for federal office because these people literally hold our future in their hands.

Then Donald Trump came along but that is an enigma that deserves a whole thread.

 

[Flopper]

The only fraud indictment he has in NY is for his campaign finance fraud. And yes, they go after everyone for that

Sort of. The State of New York is bringing Trump to trial on March 25 on charges involving a scheme to bury allegations of extramarital affairs that arose during his first White House campaign in 2016. There are multiple charges of falsifying business records. This would normally be misdemeanors that if convicted would carry a 4 year jail sentence. However, if these crimes were committed to cover up another crime(s) which in this case were both federal and state election law violations then the violations become felonies with a much stiffer sentence.

Tracking the criminal and civil cases against Donald Trump

In addition to four criminal indictments, Donald Trump is also fighting a civil lawsuit that threatens the future of the real estate empire that vaulted him to stardom and the presidency.

projects.apnews.com

When you look at all the accusation, your first thought must be a lot of horse shit dug up by democrats that are out to get Trump. However when you actually read the transcripts, it becomes abundantly clear that Trump is a pretty sleazy character who cheats, lies, steals, and does what he deems necessary to get what he wants. Unfortunately, his supporters aren't interested in the facts. They just want a fighter who will cheat, lie, and steal to Make America Great Again. I think they harbor the illusion that people like Trump made America great.

 

[Redfish]

From what I read about Trump's business, I believe most of Trump's loans are commercial real estate loans in which the business is lent a sum of money to invest in the business. The collateral is not a specific piece of property but rather the assets of the business.

Yearly the Trump Organization creates a Statement of Financial Condition in which all of his properties are listed showing current value of assets and offsetting liabilities. It is this document that is attached to his loan applications, applications for insurance, negotiations with business partners, and other financial disclosure requirements.

Since Trump owns fully or partially dozens of properties in various states and other countries, any bank that attempted to obtain a complete independent appraisal or all his business interest would see the loan go to a competing bank long before the appraisal was complete. Therefore the banks use his statement of financial condition to make an estimate of net worth. Knowing that Trump grossly and illegally exaggerates his assets, the bank does a haircut on his net worth to come up with an estimated market value of his assets.

your last sentence says it all. the banks do their due diligence before loaning the money. The banks testified that they were paid in full including interest and wanted to retain Trump as a client. There was no victim, no crime.

 

[Redfish]

Probably not.
Would the House be investigating Biden's son if Biden wasn't president? Probably not
Would the House be impeaching Biden if he was a republican president? Probably not.
If Santos was not elected would he be facing trial for multiple felonies? Probably not.

Successful politicians are always a target of the opposition as well as the media and for good reason. Honesty and good character has been the unwritten requirement for politicians running for federal office because these people literally hold our future in their hands.

Then Donald Trump came along but that is an enigma that deserves a whole thread.

that applies to every politician except democrats who the media ignores. Biden, Clinton, and Mendenez are examples.

 

[Redfish]

That's what will happen, if they give the AG a reason to investigate them.

You just don't put any of this on the orange criminal AT ALL, do you?

"My baby dindu nuffin"

what crime did he commit? ask the same about Hillary, Bill, Biden, and Mendenez.

 

[Fort Fun Indiana]

the banks do their due diligence before loaning the money.

In this case, they rely on financial statements compiled by accounting groups and submitted and affirmed as accurate under penalty of law.

Trump broke those laws.

The banks testified that they were paid in full including interest

*per the contracts, which had terms favorable to Trump because of Trump's criminal fraud.

Expert testimony at trial estimated that Trump's fraud cost banks $168 million over a ten year period, including while he was President.

 

[Fort Fun Indiana]

what crime did he commit?

You don't know the contents of any of the indictments? At all?

Or the crimes Trump was found liable for, in the civil trial?

Dude. Read up!

 

[Redfish]

You don't know the contents of any of the indictments? At all?

Or the crimes Trump was found liable for, in the civil trial?

Dude. Read up!

I have read all of it, have you? its all made up bullshit charges in what will be a failed attempt to keep him from winning the election in november. it won't work, dems will fail again and the country will be saved from becoming a large version of failed european socialism.

 

[Fort Fun Indiana]

I have read all of it,

Then why the stupid fking question?

Sealioning again?

its all made up bullshit charges in what will be a failed attempt to keep him from winning the election in november

Yeah, Trump supporters like to say that.

Funny... the never actually seem to be able to argue it.

You won"t either. You're just spouting your wish list for Santa.