Judge Rules Trump Committed Fraud, Stripping Control of Key Properties

[Anti Federalist]

Where does that money, if collected, go?

One third usually goes to lawyers.

 

[acptulsa]

...in civil a fraud case...

...a lifetime of from the real estate industry...

...and required to millions.

I wonder why Breitbart doesn't hire someone who speaks English. Not diverse enough for them?

 

[Snowball]

One third usually goes to lawyers.

The rest goes to the state, probably to buy houses for migrants ...

 

[Anti Federalist]

I wonder why Breitbart doesn't hire someone who speaks English. Not diverse enough for them?

Nobody types and nobody edits anymore, other than bots.

But I'll edit the OP and insert a more grammatically correct article from one of the accepted MMOs.

 

[Anti Globalist]

I'm sure Trump will be able to go three years without doing any business in that filth hole. He could have took all his businesses there and moved them out of the state.

 

[GlennwaldSnowdenAssanged]

One third usually goes to lawyers.

Wasn't he prosecuted by the state? Aren't those attorneys on the states tit already?

 

[Anti Federalist]

Wasn't he prosecuted by the state? Aren't those attorneys on the states tit already?

Yes, but not all the specialists and expert witnesses and coaches and on and on and on.

 

[GlennwaldSnowdenAssanged]

Yes, but not all the specialists and expert witnesses and coaches and on and on and on.

Oh now I get it.
They prosecute a whale so they can funnel money to all the big guys.

 

[Snowball]

Trump on 911: Towers were rigged with bombs.

 

[acptulsa]

I'm sure Trump will be able to go three years without doing any business in that filth hole. He could have took all his businesses there and moved them out of the state.

You do realize he's in real estate, right...?

 

[susano]

This has got to be overturned. There is injured party! The banks who loaned Trump's business money would have their own staff who evaluated the properties in question before making a loan. They don't claim any injury and were repaid. There is no damage to sue over. It's absurd and a dangerous precedent.

 

[unknown]

What was he accused of doing?

 

[Anti Federalist]

What was he accused of doing?

Of over inflating the estimated value of property that was being used as collateral to secure new lines of credit and loans.

 

[69360]

This has got to be overturned. There is injured party! The banks who loaned Trump's business money would have their own staff who evaluated the properties in question before making a loan. They don't claim any injury and were repaid. There is no damage to sue over. It's absurd and a dangerous precedent.

It's an unfair trade practice. It gave his company an advantage over those who properly reported their assetts. He is guilty of it.

You would do better arguing that this was a selective prosecution, which has merit.

 

[Anti Federalist]

It's an unfair trade practice. It gave his company an advantage over those who properly reported their assetts. He is guilty of it.

You would do better arguing that this was a selective prosecution, which has merit.

Do you really think the Mar-a-Lago property is only worth $18 million?

That's what this court says he should have assessed it at.

 

[RJB]

It's an unfair trade practice. It gave his company an advantage over those who properly reported their assetts. He is guilty of it.

You would do better arguing that this was a selective prosecution, which has merit.

I'm no Trump fan, but dang. Where do you get your info? Are you Nikki Haley?

 

[CaptUSA]

It's an unfair trade practice. It gave his company an advantage over those who properly reported their assetts. He is guilty of it.

You would do better arguing that this was a selective prosecution, which has merit.

No one "properly" reports their assets. Any competent lawyer would NEVER tell his client to do that. You report what provides you the most advantage for whatever circumstance you're in. If you need to show it as less valuable, you estimate it that way. If you need to show it as more valuable for collateral, you do that. As long as it's reasonable, it will never be questioned because these are all judgment calls and why waste anyone's time. And even if it is questioned in the normal course of business, you have your lawyers explain the numbers they came up with and their rationale. It's a very low bar - as long as you have a rationale, you're covered.

Of course, if you're in politics, all bets are off. At that point, it's a matter of who wields the power at the time.

 

[69360]

Do you really think the Mar-a-Lago property is only worth $18 million?

That's what this court says he should have assessed it at.

Not that one is crap. But Trump did overstate the total net worth of his assets.

No one "properly" reports their assets. Any competent lawyer would NEVER tell his client to do that. You report what provides you the most advantage for whatever circumstance you're in. If you need to show it as less valuable, you estimate it that way. If you need to show it as more valuable for collateral, you do that. As long as it's reasonable, it will never be questioned because these are all judgment calls and why waste anyone's time. And even if it is questioned in the normal course of business, you have your lawyers explain the numbers they came up with and their rationale. It's a very low bar - as long as you have a rationale, you're covered.

Of course, if you're in politics, all bets are off. At that point, it's a matter of who wields the power at the time.

Just because some other people don't report their worth correctly doesn't make what Trump did legal. You are missing my point, you all should be arguing that Trump was selectively prosecuted. Not that he is innocent, because he is not.

 

[acptulsa]

It's an unfair trade practice. It gave his company an advantage over those who properly reported their assetts. He is guilty of it.

You would do better arguing that this was a selective prosecution, which has merit.

The problem is, it isn't a prosecution. It's a civil case with no plaintiff. It's an unprecedented persecution.

 

[CaptUSA]

you all should be arguing that Trump was selectively prosecuted. Not that he is innocent, because he is not.

I don't know what you mean by "you all"... I'd never argue that he's innocent! Not of being a business man. lol. He's most certainly guilty of that!