New York judge finds Donald Trump liable for fraud

[Spike Trader]

Trump on the stand will surely make for some fine reality television. Look forward to Trump calling the judge 'deranged' to his face.


Trump dealt yet another blow in New York fraud case

Donald Trump's attempt to have his civil trial for fraud delayed was rejected by an appeals court Thursday, the Associated Press reported.

The trial, brought by New York Attorney General Letitia James is now set to begin on Oct. 2. The non-jury trial will be presided over by Judge Arthur Engoron.

" Trump is listed among dozens of possible witnesses, setting up a potential courtroom showdown with the judge. The fraud ruling Tuesday threatens to upend his real estate empire and force him to give up prized New York properties such as Trump Tower, a Wall Street office building, golf courses and a suburban estate," the AP's report stated.

 

[gwb-trading]

The New York buildings that Donald Trump could lose
https://www.bbc.com/news/world-us-canada-66949606

 

[DTB2]

You realize the differences we're talking about is in multiples, right? Large multiples. And then there is the small matter of bribing city officials.

Do you even know how Palm Beach County arrives at Assessed Valuation? Of course you don't.

Before replying, do yourself a solid and visit their website, use a compound interest calculator and let us know what the AV should be for Mar a Lago.

People are quite confused as to how a 26M AV can be an over assessment yet the property in worth several hundred million dollars. Yet they aren't shy to opine about it, as if it indicated nefarious dealings.

 

[Overnight]

Trump on the stand will surely make for some fine reality television. Look forward to Trump calling the judge 'deranged' to his face.
..

He's going to plead the 5th on every question because of the pending litigation in all his other trials, so he won't self-incriminate. Will be a snooze-fest.

 

[Sprout]

Trump on the stand will surely make for some fine reality television. Look forward to Trump calling the judge 'deranged' to his face.


Trump dealt yet another blow in New York fraud case

Donald Trump's attempt to have his civil trial for fraud delayed was rejected by an appeals court Thursday, the Associated Press reported.

The trial, brought by New York Attorney General Letitia James is now set to begin on Oct. 2. The non-jury trial will be presided over by Judge Arthur Engoron.

" Trump is listed among dozens of possible witnesses, setting up a potential courtroom showdown with the judge. The fraud ruling Tuesday threatens to upend his real estate empire and force him to give up prized New York properties such as Trump Tower, a Wall Street office building, golf courses and a suburban estate," the AP's report stated.

Seems archetypal, the Crowley Tarot Tower comes to mind

 

[Sprout]

Do you even know how Palm Beach County arrives at Assessed Valuation? Of course you don't.

Before replying, do yourself a solid and visit their website, use a compound interest calculator and let us know what the AV should be for Mar a Lago.

People are quite confused as to how a 26M AV can be an over assessment yet the property in worth several hundred million dollars. Yet they aren't shy to opine about it, as if it indicated nefarious dealings.

bruh, what he claimed on his income taxes, end of story

https://www.citizensforethics.org/w...2/DJT-Holdings-Managing-Member-LLC-2020-1.pdf

 

[DTB2]

Lenders were put at greater risk they they were made aware of. They were intentionally lied to over a period of years in legally binding contracts.

Are you getting enough oxygen?

This is inane, banks are frequently reappraising properties that they have loans on. And no they aren't taking the owner's word for it.

Have any of you ever owned investment property? These loans are typically short term with balloon payments that need to be refinanced.

 

[Bugenhagen]

Team Trumpo are trying put the orange elephant under a microscope to draw attention away from the larger matters.

 

[gwb-trading]

This is inane, banks are frequently reappraising properties that they have loans on. And no they aren't taking the owner's word for it.

Have any of you ever owned investment property? These loans are typically short term with balloon payments that need to be refinanced.

Keep in mind that Trump's private bankers at Deutsche Bank were sent packing from the bank -- most likely for their role in driving & accepting absurd appraisals for Trump's properties in order to loan Trump money (which is how they got their bonuses). Note that current and former Deutsche Bank employees are on the witness list for Trump's NY fraud trial. Deutsche Bank stumbled as an institution in part due to their lax oversight of lending to Trump plus all the other fraud & illegal activities from bank employees over recent years including turning a blind eye to money laundering. The staff at Deutsche Bank saw suspicious money laundering activity with Trump accounts but did nothing about it.

 

[Frederick Foresight]

This is inane, banks are frequently reappraising properties that they have loans on. And no they aren't taking the owner's word for it.

Have any of you ever owned investment property? These loans are typically short term with balloon payments that need to be refinanced.

Smaller bank clients will get a thorough colonoscopy by the credit department. The higher up the food chain you go, the better the chances that some banks will engage in name lending. It’s lax. It’s lazy. But it gets more competitive up there and there are bigger egos to contend with. I am not defending any bank that does so, just pointing out that it happens.