New York attorney general adds 'criminal capacity' to probe of Trump Organization

ThatOwlWoman said:
I really like this part, don't you? From your CNN link:

"In an increasingly serious sign for former President Donald Trump, the attorney general's office is working with the Manhattan district attorney's office, whose wide-sweeping probe into the Trump Organization has looked into whether the company misled lenders and insurance companies about the value of properties and whether it paid the appropriate taxes. James' notification to the organization brings a new level of potential legal risk to the former President, with the attorney general now able to seek criminal penalties as part of the probe."
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Wow, that sounds like an incredibly flimsy basis for a criminal investigation. Even if true it’s up to lenders to verify the value of properties.
E.g., I go to a bank and want to get an equity loan for $2,000,000 with my house as collateral knowing full well it’s only worth $700,000. If a bank is stupid enough to give me that loan that’s their problem. And if I’m making the payments, where’s the problem? If the assessor assesses the property wrong, that’s the assessors problem. If trumps paying taxes on what the assessor values the property at there’s no problem. If I default that’s the bank’s and my problem but nothing illegal.
I really see this going nowhere. Just the AG posturing.
 
anonymoose said:
Wow, that sounds like an incredibly flimsy basis for a criminal investigation. Even if true it’s up to lenders to verify the value of properties.
E.g., I go to a bank and want to get an equity loan for $2,000,000 with my house as collateral knowing full well it’s only worth $700,000. If a bank is stupid enough to give me that loan that’s their problem. And if I’m making the payments, where’s the problem? If the assessor assesses the property wrong, that’s the assessors problem. If trumps paying taxes on what the assessor values the property at there’s no problem. If I default that’s the bank’s and my problem but nothing illegal.
I really see this going nowhere. Just the AG posturing.
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In large cities assessors do not go out personally and assess buildings, but you knew that. They rely upon financial records supplied by lenders, buyers, sellers, as well as govt. documents describing a property. You knew that too. It is a crime to try to escape taxation by altering those documents, or providing false information on them. It's also a crime to sign documents that are falsified.
 
Trumpet said:
The NY DA must have good reasons for doing this, and this can't be good news for Trump.

https://www.cnn.com/2021/05/18/poli...-trump-organization-criminal-probe/index.html

https://www.msnbc.com/the-last-word...sing-legal-pressure-on-trump-org-112395333600
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Micawber said:
I saw him commit treason. I heard him commit obstruction. I read the transcript where he subverted US foreign policy for personal political gain. I read about his tax contributions and RE MAI submissions. I read about his charity.
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How could you when your head is stuck so far up your asshole? Here's a prediction for you Fascistic little assholes; Trump will NEVER go to prison or be charged with a crime. Be less of a moron.

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redfish said:
the democrats are scared shitless of Trump. That is why they keep coming up with these lies. They are afraid that he will start up his rallys again and win big time in 24. They fear him because he reveals their corruption and the media lies.
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:thumbsup:
 
ThatOwlWoman said:
In large cities assessors do not go out personally and assess buildings, but you knew that. They rely upon financial records supplied by lenders, buyers, sellers, as well as govt. documents describing a property. You knew that too. It is a crime to try to escape taxation by altering those documents, or providing false information on them. It's also a crime to sign documents that are falsified.
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So basically you’re saying the banks are the ones who are criminally liable for undervaluing trumps property yet they lent him money based on overvalued property.
:tardthoughts:
:idonteven:
:oprah:
 
Grumpy said:
Is it possible that some of those "good reasons" are political in nature ???

After all ... all da offices ALWAYS play by the rules and are fair to everyone
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You answered your own question along with the sarcasm. DA's generally do play by the rules and in a case as sensitive as this one would be you can be sure of it.

If Trump senses an indictment when he's at a golf tournament in New Jersey, say, will he run to Florida where reports have been coming out that DeSantis might not honor an extradition order? Would crimp his
rally plans a bit:|
 
anonymoose said:
Wow, that sounds like an incredibly flimsy basis for a criminal investigation. Even if true it’s up to lenders to verify the value of properties.
E.g., I go to a bank and want to get an equity loan for $2,000,000 with my house as collateral knowing full well it’s only worth $700,000. If a bank is stupid enough to give me that loan that’s their problem. And if I’m making the payments, where’s the problem? If the assessor assesses the property wrong, that’s the assessors problem. If trumps paying taxes on what the assessor values the property at there’s no problem. If I default that’s the bank’s and my problem but nothing illegal.
I really see this going nowhere. Just the AG posturing.
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Hmm... So you think it is not a crime to provide false information to a bank because the bank is supposed to do it's own assessment? I suggest you try going to a bank and signing a document saying your house is worth 2.5 times it's actual value and see if they think it violates 18 U.S. Code § 1344 - Bank fraud

But then you failed to address the insurance fraud and the tax fraud which are part of the allegations.
 
Poor Richard Saunders said:
Hmm... So you think it is not a crime to provide false information to a bank because the bank is supposed to do it's own assessment?
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What part is FAKE information dumb fuck? Do you have anything to back your bullshit up with? Or is it just that the PHONY Trump hating media told you so? Try to be less of a dumbass. :palm:

For the uneducated dumbasses on the left; it is very common to use HIGHER "estimates" to secure loans on property. It isn't criminal. If it were, everyone would be in jail at some point. Try to be less uneducated dunces. Keyword; ESTIMATES. No one ever knows the exact value of RE until you actually SELL it. :palm:
 
archives said:
This from the poster who was supposedly taking bets from anyone saying that Trump wouldn’t win in a landslide
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You never get much of anything right do you sad sack? I didn't say "landslide." But it was amusing that you low IQ lefties were too scared to take the bet. How you wish you had in hindsight. But the reason was obvious, even morons like you didn't believe he could. Yet here you are, in full belief of the BIDEN MIRACLE. How stupid are you? That was rhetorical.

So do you want to bet?
 
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