Real estate insiders bewildered by judge’s $18M valuation of Trump’s Mar-a-Lago: ‘Wou

QP! said:
Without TRUMP"S $18MM value on the low end, and his 2000%+ higher valuation on the high end, there would be no fraud.

It required Trump put in 2 grossly disparate valuations, thus demonstrating it could not be simple error or just differing views and WAS fraud.
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There is no fraud. New York has no jurisdiction to valuate property in Florida.
 
QP! said:
It is illegal when you sign a document that your property is worth $X to the taxman, to minimize taxes, and then claim it is worth 2000X to use for borrowing and leverage.

There is a word for that and that word is Fraud.
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It is not illegal. There is no fraud.
 
floridafan said:
You lost, trump lost end of story. It may also be the end of the Trump Organization and all of his business interests in NY.
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I didn't lose anything. Trump did not lose. The case isn't over. New York has no authority to dissolve any organization outside of New York.
Illiteracy: Proper nouns are capitalized, even if you hate the man's guts.
 
Into the Night said:
I didn't lose anything. Trump did not lose. The case isn't over. New York has no authority to dissolve any organization outside of New York.
Illiteracy: Proper nouns are capitalized, even if you hate the man's guts.
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Most of Trumps assets and companies are based in NYC, or incorporated there. Didn't you even know that?
 
QP! said:
AGAIN,

The core of this case is the DISPARATE values Trump would use for differing reasons.

It DOES NOT matter what the high one was, or where he got, or even if was correct.

It DOES NOT matter what the low one was, or where he got, or even it was correct.


One person, Trump, cannot one day sign a form saying the property is worth X and the next day on another form say it is worth 100X.

THAT IS THE FRAUD.

If he got the correct number at the high or low end, he cannot still use the wrong number at the other end, such that he makes the money on one end and pays the least taxes on the other.
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You do know most of it will be dropped because of the statue of limitations
 
ptif219 said:
You do know most of it will be dropped because of the statue of limitations
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No, no one knows that.


That is the one legitimate issue that will only be settled by the Appeals court and should be.

But as a betting man, I am confident Justice Engoron's ruling will hold.

It would make no sense to use the Loan "transaction" date alone to set a statute, meaning that the person then could go on for decades later submitting the false documents to great personal benefit and not be held to account. What makes sense is what Justice Engoron ruled which is that if you do transactions with those docs, after that, it is that date of transaction utilizing the fraudulent doc's that sets the new statute of limitations.

And there is precedent to that in other areas of civil law.
 
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