Leteicia James has been

FastLane said:
The bank was due more money that she defrauded them out of. Bank fraud is a federal crime.
Click to expand...
Ok but we already know that about the Trump conviction as the bank and Insurance companies were both due more money than he defrauded him of, if he had not filed fraudelent doc;s.

Why are you revisiting that? Oh that is right you denied it prior but now you agree.
 
Poor Richard Saunders said:
That is interesting since the indictment lists the BANK as the party that gave the loan and then lists a second bank which bought the loan at a later date Are you accusing the government of lying about the party that gave the loan?
Click to expand...
If you rob a bank, the feds bring the charges because the money you took was federally insured. Same thing here. The federal government underwrote the mortgages. I can surmise from your responses here you have never had a mortgage or owned a home. That's fine section 8 and trailer parks are probably more your speed anyway.
 
QP! said:
No. Trump lied on the forms to get a better rate and did so under the penalty law. The banks and insurance companies on that lost on that to the tune of millions of dollars and change. The banks and insurance companies were the victims in the Trump cases and there is even a verifiable amount of loss associated with his loans which was stipulated in the court cases.
Click to expand...
That was between Trump and the bank. Commercial banks like the ones he was getting his loan through are private entities taking capital risks on loans. The state of New York had no role in that, nor did the state of New York have any monetary interest in this transaction. Again, in Trump's case, James had to stretch the law of her state to a point of infinite incredulity to bring those charges in what was an interstate commerce transaction between two private parties.
 
FastLane said:
The Bank use their own real estate appraisers. They did not depend on Trump's value.
Click to expand...
This statement shows how ignorant you are of what the fraud was Trump committed.

The problem wasn't that Trump used false appraisals on the property he was taking a loan out on. The problem was that Trump was required by the loan to provide an accurate valuation of his OTHER properties to in order to show his net worth. Banks don't appraise everything in your personal net worth statement. It is made under penalty of perjury and is supposed to be accurate. The problem for Trump is he lied about the size of his apartment in NY, tripling the size from what it actually was, to claim it was worth more. He lied about Mar-A-Lago in that he claimed a value that was over 10x the tax appraised value. He lied about other properties claiming that there were mansions built there when he hadn't even convinced the local authorities to change the zoning to allow him to build them. All of this was done because one of the terms of the loan was he had to maintain a certain level of net worth. If his net worth fell below that level he was no longer in compliance with the terms of the loan and the bank could call the loan.
 
T. A. Gardner said:
If you rob a bank, the feds bring the charges because the money you took was federally insured. Same thing here. The federal government underwrote the mortgages. I can surmise from your responses here you have never had a mortgage or owned a home. That's fine section 8 and trailer parks are probably more your speed anyway.
Click to expand...
You would be an idiot for thinking that. I have actually had business loans and like Trump they were personally guaranteed and I had to provide annual net worth statements that were accurate. The difference between Trump and me is I didn't lie about my net worth in any of the annual statements I provided to the bank.

Then if you actually bothered to read the indictment of James, you would know that your argument is completely idiotic. She wasn't charged because the government underwrote the loan. She was charged under 2 laws that deal with banks. Yes, the banks are federally insured which is why the law can be applied.
 
  • Like
Reactions: QP!
T. A. Gardner said:
That was between Trump and the bank. Commercial banks like the ones he was getting his loan through are private entities taking capital risks on loans. The state of New York had no role in that, nor did the state of New York have any monetary interest in this transaction. Again, in Trump's case, James had to stretch the law of her state to a point of infinite incredulity to bring those charges in what was an interstate commerce transaction between two private parties.
Click to expand...
Actually, you are completely wrong on this count. James was charged under a law that applies because the banks are guaranteed by the FDIC.
If you bothered to get out of the cult and educate yourself about the actual facts of the case instead of relying on other cult members for their cult comments you would know that New York has a very real role in banks chartered in NY.

How is a loan in NY to a person living in NY interstate commerce? The fact that Trump lied about his properties outside NY doesn't make it interstate commerce. It only means Trump lied to NY banks about his net worth while he lived in NY and took out the loan in NY and his business was chartered in NY. If you weren't so deep in your cult you might understand that all of this took place in NY by a company that was supposed to follow the laws of NY.
 
  • Like
Reactions: QP!
FastLane said:
So they have the following evidence against James

A mortgage application for a home in Virginia where she swears that the hone will be use as her PRIMARY residence and that she personally will occupy it in less than 60 days and will use it as her primary residence for at least 12 months.

They have a home insurance application where she swears she is the primary resident of the Virginia home.

There are IRS documents where James lists the Virginia home as a rental property.

There is a second home in Virginia where James signs and swears that it is not a rental property

It is also listed as rental property on IRS documents.

James got a more favorable mortgage rate due to her lies. She saved about 1% on her mortgage interest rate.

Other evidence of lying on mortgages and insurance.

In New York she lives in a 5 unit apartment building. The maximum number of units to qualify for the government backed loan that she has is 4 apartments. She lied on that mortgage by saying the building only has 4 apartments.

She also lied on her home insurance as well in New York.

In both Virginia her lies have resulted in her getting more favorable insurance rates and more favorable mortgage rates.

The NY mortgage is beyond the statute of limitations but it shows a pattern of dishonesty.

Should Letica James not be indicted for he mortage fraud while many other Americans have been trialed and convicted for doing the exact same thing?


I have repeatedly asked Bartender if James was above the law and Bartender has dodged the question.

So what does JPP think should James go to trial?
Click to expand...
How many others did the president hire his own personal lawyer in order to obtain an indictment?
 
T. A. Gardner said:
That was between Trump and the bank. Commercial banks like the ones he was getting his loan through are private entities taking capital risks on loans. The state of New York had no role in that, nor did the state of New York have any monetary interest in this transaction. Again, in Trump's case, James had to stretch the law of her state to a point of infinite incredulity to bring those charges in what was an interstate commerce transaction between two private parties.
Click to expand...
Except you are lying and wrong as the State of New York has laws about lying and committing fraud on financial records like bank loans and insurance forms, even if there is no victim.

You can say all you want 'but I, Terry, do not like or agree with those laws' but they exist and Trump broke them, and thus the rightful charges against him.

What matters is the LAW and how it is written. That is true of Trumps actions and Letisha's actions. Trump did break the law and was rightfully convicted. Letisha will walk free and clear and you will blame the judge or system or deep state. You can bank on that.
 
Poor Richard Saunders said:
This statement shows how ignorant you are of what the fraud was Trump committed.

The problem wasn't that Trump used false appraisals on the property he was taking a loan out on. The problem was that Trump was required by the loan to provide an accurate valuation of his OTHER properties to in order to show his net worth. Banks don't appraise everything in your personal net worth statement. It is made under penalty of perjury and is supposed to be accurate. The problem for Trump is he lied about the size of his apartment in NY, tripling the size from what it actually was, to claim it was worth more. He lied about Mar-A-Lago in that he claimed a value that was over 10x the tax appraised value. He lied about other properties claiming that there were mansions built there when he hadn't even convinced the local authorities to change the zoning to allow him to build them. All of this was done because one of the terms of the loan was he had to maintain a certain level of net worth. If his net worth fell below that level he was no longer in compliance with the terms of the loan and the bank could call the loan.
Click to expand...
I did I say only the property he want a loan on? He provided collateral. You are naive if you think a bank would loan tens of millions on the borrowers appraisal. :laugh: They send out their appraiser to get a fair market value of the assets. You are a moron if you think they didn't do due diligence.
 
Poor Richard Saunders said:
This statement shows how ignorant you are of what the fraud was Trump committed.

The problem wasn't that Trump used false appraisals on the property he was taking a loan out on. The problem was that Trump was required by the loan to provide an accurate valuation of his OTHER properties to in order to show his net worth. Banks don't appraise everything in your personal net worth statement. It is made under penalty of perjury and is supposed to be accurate. The problem for Trump is he lied about the size of his apartment in NY, tripling the size from what it actually was, to claim it was worth more. He lied about Mar-A-Lago in that he claimed a value that was over 10x the tax appraised value. He lied about other properties claiming that there were mansions built there when he hadn't even convinced the local authorities to change the zoning to allow him to build them. All of this was done because one of the terms of the loan was he had to maintain a certain level of net worth. If his net worth fell below that level he was no longer in compliance with the terms of the loan and the bank could call the loan.
Click to expand...
Appraisers have apprised Mar Largo for many times 18 million dollars.
 
Poor Richard Saunders said:
You would be an idiot for thinking that. I have actually had business loans and like Trump they were personally guaranteed and I had to provide annual net worth statements that were accurate. The difference between Trump and me is I didn't lie about my net worth in any of the annual statements I provided to the bank.

Then if you actually bothered to read the indictment of James, you would know that your argument is completely idiotic. She wasn't charged because the government underwrote the loan. She was charged under 2 laws that deal with banks. Yes, the banks are federally insured which is why the law can be applied.
Click to expand...
It is like taking out a 2nd loan on your home. The bank determines the value of your home and what they will loan you on your home.
 
QP! said:
Ok but we already know that about the Trump conviction as the bank and Insurance companies were both due more money than he defrauded him of, if he had not filed fraudelent doc;s.

Why are you revisiting that? Oh that is right you denied it prior but now you agree.
Click to expand...
Whataboutism. Fat Leticia violated the law. She needs to be prosecuted. That is the subject of this thread.
 
BartenderElite said:
I don't know enough about the case, quite frankly. But I know what Trump is doing. And w/ a whole list, as well.

You're an enabler.
Click to expand...
Then stop pissing and moaning and go do some research. You don't know enough about the subject to assume this isn't about fraud. Let me know after you have educated yourself and we can talk some more.
 
You must log in or register to reply here.
Back
Top