They say not one bank has chimed in on the fraud case. Apparently every payment was made on time. Not one loss on the public dime to date.
New York judge finds Donald Trump liable for fraud
- Thread starter gwb-trading
- Start date
Totally not what I am referring to. This c*nt defrauding the taxpayer with his $15MM tax declarion for Mar a Largo which he states publicly that it's worth $400MM. Pays $600 in taxes in 2017(?)
And your statement is misinformed:
President Donald Trump has had $287 million worth of loans forgiven since 2010, according to a New York Times analysis of his tax returns—money that would normally count as taxable income but on which Trump has managed to mostly avoid paying taxes, the newspaper says.
https://www.forbes.com/sites/nichol...d-paying-taxes-on-most-of-it/?sh=357f57e97ac4
$300MM is nothing, right?
I outlined in detail in a previous post the many instances where Deutsche Bank and others lost money on loans to Trump including the forgiven loans. Current and former executives from Deutsche Bank are witnesses in this case; we will hear from them directly about Trump’s fraud in the upcoming weeks in sworn statements under oath.
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Hmmmm. Tax law at this level is certainly not my forte so I can't comment on that in the blind... but there's no denying this:
Dude!
He argued that the Palm Beach assessor's valuation of $25MM was TOO HIGH and stated that it was worth less than $20MM. Something like 17-18MM. Now it's worth two yards?
So fucking WHICH IS IT?
While $27 million is obviously an undervaluation, Mar-A-Lago can't be developed or turned into a single-family estate," James Surowiecki, a financial journalist, commented. "Its deed requires it to remain a club, which radically reduces its re-sale value."
The NY judge did not "appraise" the thing at $18MM... he used Trump's words to PBA that the property is only worth $18MM
You're slipping, Bro.
And the fucking thing is a tear-down. It can not be made into a private residence. It must remain a club. The $200MM waterfront is asking. Why not ask 200 billion?
An analogy would be the rent-controlled apts in NYC he owns which are worth 15% of non rent-controlled apts, but which he values as full rentals.
Well, as always... I have no problem shutting up when presented with matters I have not followed; so whatever on that. But just as you said regarding the taxes, the fact remains... what I said is true. That judge in NYC is waaaaay off on his valuation of that property... regardless of whatever has Trump said in the days gone by. $18MM won't even buy Melania's tennis court.
Now that one... you got right.
It's not worth anything close to $200MM. It's a commercial property that loses money.
"The defense calls its next witness... Mr. Destriero."