New York judge finds Donald Trump liable for fraud

Discussion in 'Politics' started by gwb-trading, Sep 26, 2023.

  1. Bugenhagen

    Bugenhagen

    Indeed he has used mob tactics learned from his mentor Roy Cohn amongst others but his track record of stochastic terrorism is piling up.

    I suspect he is baiting the judges trying to get them to do something he will get reversed and make them look biased.

    I expect they will give him a little more line to double underscore a pattern of behaviour in breaching the agreement before reeling him in.
     
    #71     Sep 27, 2023
    Sprout likes this.
  2. Bugenhagen

    Bugenhagen

    Yeah.. Just he bribed his bank's private account manager with a Kushner apartment and more.

    Of course she has gone missing.
     
    Last edited: Sep 27, 2023
    #72     Sep 27, 2023
  3. exGOPer

    exGOPer

    New York Times: “He now faces not only the prospect of having to pay $250 million in damages, but he could also lose properties like Trump Tower that are inextricably linked to his brand.”
     
    #73     Sep 27, 2023
  4. gwb-trading

    gwb-trading

    #74     Sep 27, 2023
  5. newwurldmn

    newwurldmn

    my house is assessed at 40percent of what I paid.
    My mortgage is reflective of the actual amount I paid.

    how is this different other than trumps intervention?
     
    #75     Sep 27, 2023
  6. Mercor

    Mercor

    The lesson for any business is to leave the NYC legal bubble
    Its to political
     
    #76     Sep 27, 2023
  7. gwb-trading

    gwb-trading

    Did you tell your bank when getting a loan that it is worth more than 10 times the value you told the tax appraiser to value it at for that year. There are some limits to realistic offset between mortgage property value and property tax valuation (which tends to be lower).

    Also there are different standards used for setting assessment value that vary by state and locality -- plus many properties are re-assessed only every 10 years or so. Some states/localities sets the new valuation to the property sale value when the deed changes hands -- while others do not.

    Many houses in our area of North Carolina are typically appraised for property tax value at about $100K below the value given on Zillow. However this difference is very different than claiming your property is worth over a billion to a bank while simultaneously claiming that a $26M assessment is too high for property taxes.
     
    #77     Sep 27, 2023
  8. Sprout

    Sprout

    You’re conflating fraud with politics.
     
    #78     Sep 27, 2023
    Bugenhagen and gwb-trading like this.
  9. Bugenhagen

    Bugenhagen

    Its a lesson for roaches to stay out of the light. Don't run for office when you are that dirty, otherwise business as usual.
     
    #79     Sep 27, 2023
  10. Sprout

    Sprout

    It’s industry standard to have a lower tax assessment than the RMV of your home. It’s to weather the ups and downs of market values that naturally fluctuate.

    That’s not the issue. His financial statements have sqft fluctuations for the same tax lot - that’s fraud.

    Not even including the RMV per sqft, He claimed taxes on 10k sqft yet prices the same tax lot using 30k sqft as the basis for loan collateral.
     
    Last edited: Sep 27, 2023
    #80     Sep 27, 2023
    newwurldmn likes this.