Looks like Trump's lawyers are out to get him too

[bripat9643]

Everybody relies on such laws.
When you order a pizza, you rely on the law, that the pizza isn't poisoned.

No you don't. You rely on the fact that the Pizza store hasn't been sued for poisoning people. You have no idea at all how business decisions are made.

 

[meaner gene]

Where's the fraud?

Trump overvalued the property by 30% and lied that he was doing so

 

[Fort Fun Indiana]

So thousands and thousands of satisfied customers, who never filed fraud charges, even though they were being ripped off.

Only when the authorities reported the fraud, did people know they had been defrauded.

And this is all irrelevant anyway.

If you steal $100 from the register at work, go to the casino with it and win $5000, then replace the $100 the next morning...


... you do not get to keep the $5000.

 

[bripat9643]

So thousands and thousands of satisfied customers, who never filed fraud charges, even though they were being ripped off.

Only when the authorities reported the fraud, did people know they had been defrauded.

What's your point? The banks know exactly what happened. They weren't ignorant, and they still didn't claim fraud.

 

[bripat9643]

Trump overvalued the property by 30% and lied that he was doing so

No he didn't. He told people he was charging 30% for his name value.

 

[bripat9643]

And this is all irrelevant anyway.

If you steal $100 from the register at work, go to the casino with it and win $5000, then replace the $100 the next morning...


... you do not get to keep the $5000.

I'm not sure that's the case. Furthermore, you would only keep $4900.

 

[meaner gene]

Banks don't rely on that when they're giving out a mortgage, dumbass. They demand proof that your claims are correct.

That is when it's common property like residential houses where there are millions of them, and thousands of appraisers and real estate agents that can put a value on them.
Unique properties are hard to put a value on, hence they rely on the statements of the owner, for what it's worth. Such as how much of a rental building is occupied, and how much they make in rent in a year.

Trump lied about that too.

 

[bripat9643]

That is when it's common property like residential houses where there are millions of them, and thousands of appraisers and real estate agents that can put a value on them.
Unique properties are hard to put a value on, hence they rely on the statements of the owner, for what it's worth. Such as how much of a rental building is occupied, and how much they make in rent in a year.

Trump lied about that too.

They are still relying on more than just the purchaser's fear of the law.

 

[meaner gene]

No you don't. You rely on the fact that the Pizza store hasn't been sued for poisoning people. You have no idea at all how business decisions are made.

Business is based on the assumption the entity being dealt with is not going to commit a felony by making a false claim, or doing an illegal act, for a small monetary gain or advantage.

Look at the restaurant that accepted Jenna Bush's phony ID, she used to buy alcohol.

 

[meaner gene]

No he didn't. He told people he was charging 30% for his name value.

That was a proven lie at the trial on friday. The financial officer admitted it. It;'s in the court record.

Don't be stupid.

 

[Zincwarrior]

I wouldn’t put it past the CIA to pay Trump’s lawyers off.

Whistleblower claims CIA paid off analysts to reject COVID-19 lab-leak theory: 'Biggest COVID coverup yet' | Blaze Media

The Central Intelligence Agency bribed analysts who concluded the COVID-19 pandemic originated from a lab leak in Wuhan, a new whistleblower has alleged.The explosive allegation was disclosed in a letter that House Intelligence Committee Chairman Mike Turner (R) and Select Subcommittee on the...

www.theblaze.com

Because you are clearly crazy.

 

[meaner gene]

I'm not sure that's the case. Furthermore, you would only keep $4900.

Ignorance of the law is no excuse. The law says that any profits from illegal acts, are disgourged.

Remember the son of sam law. That prevents someone from profiting from their crimes. So if someone steals $100, and uses it to make $5,000, the entire amount is the fruit of a crime, and is confiscated.

 

[meaner gene]

They are still relying on more than just the purchaser's fear of the law.

They check what they can verify. But large commercial property value is based on business records. Like what they collect in rent, and the percentage of occupancy.

Things that Trump lied about in his business records.

 

[bripat9643]

Business is based on the assumption the entity being dealt with is not going to commit a felony by making a false claim, or doing an illegal act, for a small monetary gain or advantage.

Look at the restaurant that accepted Jenna Bush's phony ID, she used to buy alcohol.

No it isn't. It's mostly based on reputation. That means the opinions of thousands of other people. You boot-licking tards like to give government the credit for everything.

 

[bripat9643]

They check what they can verify. But large commercial property value is based on business records. Like what they collect in rent, and the percentage of occupancy.

Things that Trump lied about in his business records.

it still isn't based on being protected by the law. Most people know that the law is pretty worthless protection. That's why private security companies make so much money.

 

[bripat9643]

That was a proven lie at the trial on friday. The financial officer admitted it. It;'s in the court record.

Don't be stupid.

You just said that's what he did, dumbass.

 

[bripat9643]

Business is based on the assumption the entity being dealt with is not going to commit a felony by making a false claim, or doing an illegal act, for a small monetary gain or advantage.

Look at the restaurant that accepted Jenna Bush's phony ID, she used to buy alcohol.

Wrong. They check your ID. The government doesn't stop all counterfeiting, dumbass.

 

[meaner gene]

Wrong. They check your ID. The government doesn't stop all counterfeiting, dumbass.

The world would grind to a half if everybody had to verify everybody elses actions.

 

[Fort Fun Indiana]

The world would grind to a half if everybody had to verify everybody elses actions.

That's right. Banks have to conduct business. They cannot independently verify every line item in a submitted financial statement. Just as the IRS does not ask for all the receipts with your tax return.

They know that the potential fraudster risks both prison time and ruination of his reputation. Not to mention losing the ability to obtain business licenses or or to work in the financial industry.

 

[meaner gene]

That's right. Banks have to conduct business. They cannot independently verify every line item in a submitted financial statement. Just as the IRS does not ask for all the receipts with your tax return.

That's exactly the point. People submit phony tax returns all the time, and hope the IRS doesn't audit them. But when the IRS does an audit, and finds fraudulent entries, nobody makes the claim they should escape the penalty for tax fraud, because the IRS should have done their due diligence.