Trump lies about his assets

[Hawkeye10]

You can see for sure how much they hate and fear Trump by how they persecute him.

If you dont do as you are told then they will be coming for you next.

This is a dark age.

Buckle Up.

 

[Dutch Uncle]

Fife Symington. Look him up.

It's fraud, Terry. Fraud by a person who continuously claims he always hires the best people and then his accountants repeatedly make multi-million dollar "mistakes"? WTFO?

The Fife that was pardoned by Whitewater Willie?

 

[Poor Richard Saunders]

It's called a math error. People make them all the time. You have three 10,000 sq ft apts. you say you have a 30,000 sq ft apt instead. Math error, transposing numbers.

Except Trump doesn't have three 10,000 foot apartments in NYC. It's not even like one could accidentally hit the 3 key instead of the 1 during data entry. (Although there would be no reason for data entry since a reasonable person would just pull up the previous years asset list and add/delete items bought/sold and change the valuations for items that were still held.)

No accountant would list assets as:
3 -houses, 30,000 sq feet - $350,00,000 value

Your attempt to claim it was simply an error doesn't hold much water since it would be almost impossible to make that error.

 

[Dutch Uncle]

Except Trump doesn't have three 10,000 foot apartments in NYC. It's not even like one could accidentally hit the 3 key instead of the 1 during data entry. (Although there would be no reason for data entry since a reasonable person would just pull up the previous years asset list and add/delete items bought/sold and change the valuations for items that were still held.)

No accountant would list assets as:
3 -houses, 30,000 sq feet - $350,00,000 value

Your attempt to claim it was simply an error doesn't hold much water since it would be almost impossible to make that error.

Terry is a staunch defender of everything Trump. Oddly, he denies being a Trumper, yet every time Pedo Don's name comes up, Terry is there to defend him.

Trump boasts he always hires the best people. The NY prosecution wouldn't have much of a case if Trump's lawyers could easily claim this was a simple one-time accounting error. The prosecution would have to prove, beyond a reasonable doubt, that this was criminal fraud. They wouldn't file the case and go through the time and expense if they didn't believe they had the goods on Donald J. Trump.

 

[Poor Richard Saunders]

Fife Symington. Look him up.

Are you arguing that Fife Symington who was convicted, appealed and overturned on a technicality because one juror was removed, and then pardoned before he could be retried is somehow evidence that what he and Trump did isn't a crime?

If anything, Fife Symington supports the argument that it is a crime to lie on your financial statements.

https://www.washingtonpost.com/arch...rturned/20b6ec3f-fe42-4793-9abe-e54dfed6a833/

 

[Dutch Uncle]

Are you arguing that Fife Symington who was convicted, appealed and overturned on a technicality because one juror was removed, and then pardoned before he could be retried is somehow evidence that what he and Trump did isn't a crime?

If anything, Fife Symington supports the argument that it is a crime to lie on your financial statements.

https://www.washingtonpost.com/arch...rturned/20b6ec3f-fe42-4793-9abe-e54dfed6a833/

Yes, that's what Terry is pushing.

 

[Jarod]

it's not as bad as lying about taking a bribe from a Ukrainian......

Were it true.

 

[PostmodernProphet]

Were it true.

well to be fair, the Ukrainian said it was true and the money was paid to several LLC in Biden family members names....

 

[Dutch Uncle]

well to be fair, the Ukrainian said it was true and the money was paid to several LLC in Biden family members names....

One guy yet you don't believe the women who claim Pedo Don molested them.

You truly are a minion of Satan, Pmp. The sooner you start burning in Hell, the better for your family.

 

[NiftyNiblick]

One might guess that if Trump's assets were legit,
he'd drop his trousers and prove it.

Even still, I, for one, am grateful
for not having had to see that.

 

[Dutch Uncle]

One might guess that if Trump's assets were legit,
he'd drop his trousers and prove it.

Even still, I, for one, am grateful
for not having had to see that.

There have already been plenty of witnesses to attest to his assets...or lack thereof.

 

[Jarod]

well to be fair, the Ukrainian said it was true and the money was paid to several LLC in Biden family members names....

"The Ukrainian said it was true" - The one Biden had fired for being corrupt? Not such a creditable source.
"The money was paid to several LLC in Biden family members names" - 1) Do you have a source for that claim? 2) Were the LLC's in Joe Biden's name?

You know who got more money than Hunter Biden? Ivanka's silly husband.

 

[Nordberg]

You can see for sure how much they hate and fear Trump by how they persecute him.

If you dont do as you are told then they will be coming for you next.

This is a dark age.

Buckle Up.

They could not allow a guy who organized an insurrection to gt away with it. Trump is a crook and a dangerous manchild.

 

[Dutch Uncle]

They could not allow a guy who organized an insurrection to gt away with it. Trump is a crook and a dangerous manchild.

Trump is a traitor who broke his oath. All oath-breakers who attacked the United States should be hung for treason.

 

[QP!]

Trump lies...

(nuff said)

 

[QP!]

More...

After Day 1 of the court case over Trump Assets, a defiant Trump did a press conference and cried about how the Judge was misvaluing his properties and how he, Trump, did not even include his most valuable asset in his valuations, his brand. He mentioned how the brand Coca Cola was worth more than all other assets,.

Problem Trump has in this case about his fraudulent misrepresentations is that he cannot stop making fraudulent misrepresentations which is yet another one exposed below.

And below is notations the Trump Controller had taken about applying the 'Brand Premiums' as they were playing with achieving the different values.

 

[QP!]

Oh and it seems mob Boss Trump, set up Alan Weisselberg a severance payment amount equal to the fine that was assessed against him by his court loss, but that amount is only paid out if if stays in good stead with the company.



"Follow the money": Experts suspect Weisselberg's "muted" testimony linked to $2M severance deal

 

[Uncensored2008]

Donald Trump grossly inflated his assets, says Attorney General Letitia James, and now the full transcript in that civil fraud case is being revealed to the public.

In nearly 500 pages, and on tape, Trump is probed about his properties and business and whether or not he has lied about all of it on official documents.

Taken April 13, 2023, Trump explained that he was far too busy being president to handle his personal businesses. Under oath, the former president claimed to have saved millions of lives, indeed the whole world, from nuclear war. What's worse, he claimed, it still might happen.

"I considered this the most important job in the world, saving millions of lives. I think you would have nuclear holocaust (sic), if I didn't deal with North Korea. I think you would have a nuclear war, if I weren't elected. And I think you might have a nuclear war now, if you want to know the truth," Trump claimed in the now-public deposition

https://www.rawstory.com/trump-deposition-letitia-james/

Oh look, floridafag is dumping raw sewage on the board again.

 

[QP!]

Just as with the 60 or so court cases Trump lost on election fraud, where in the Courts his lawyers would admit they were alleging fraud happened, lose and then exit the court and go to the camera's and claim they proved fraud, here too Trump lawyers, are not really offering up any real defense, but just repeating his lies for political talking point purposes.

It is clear Trump and his team realize they have no defense to offer and thus they must make the best of the politics.

Trump Isn’t Really Trying to Win His Fraud Trial

Donald Trump is in court this week as he defends a $250 million civil fraud lawsuit. But he doesn’t really seem to be trying too hard to win. Instead, the former president—perhaps aware that the case against him appears to be overwhelming—is seeking to derail the proceedings in any way he can.

...Trump and his attorneys have put up little in the way of a compelling defense. For the most part, they haven’t attempted to challenge the basic facts. They aren’t doing much to dispute the allegation that the Trump Organization misrepresented the value of its properties to potential lenders and insurers—they’ve just repeatedly argued that it doesn’t matter (because banks didn’t lose money) or that New York Attorney General Letitia James shouldn’t be poking around on the subject at all.

Notably, none of the arguments made by Trump’s attorneys over the past two years have added up to a denial of what happened. And all of them have been roundly rejected by New York judge Arthur Engoron....

...Engoron has repeatedly rebuffed Trump’s legal theories, but Trump’s lawyers keep trying to make the same arguments—and Engoron has grown increasingly irritated. He has encouraged them to try other avenues, asked them probing questions to change the subject, and finally issued warnings that it was time to address the facts of the case at hand....

...When the trial opened on Monday, it appeared that Trump was trying to have the trial he wanted, not the trial he was getting. His legal team offered opening arguments that were, not surprisingly, the same ones already rejected by Engoron and largely the same as the ones they had recently been fined for making...

 

[QP!]

Trump Deceived Deutsche Bank, Former Exec Testifies

A former Deutsche Bank executive testified this week that the German financial behemoth only agreed to make massive loans to Donald Trump because of Trump’s vast personal fortune. The problem? The bank apparently thought, based at least partly on financial statements provided by Trump, that he was far wealthier than he really was.

James contends that Trump didn’t have anywhere near enough wealth to qualify for the loans he received, and she alleges that the financial statements he gave to Deutsche and other institutions were fraudulent because he vastly over-valued his real estate properties. New York judge Arthur Engoron, who is overseeing the case, has already ruled that he agrees—the ongoing trial involves a handful of lesser allegations over the paperwork and will also determine how much of a fine Trump should have to pay.

Trump and his legal team have largely declined to try to argue the facts of the case. The former president’s comments on the ongoing proceedings have mostly been limited to angry outbursts accusing James of pursuing a political or racist agenda. (James is Black.) Wednesday’s testimony highlighted just how hard it is for Trump to deny the allegations. As James’ attorneys repeatedly showed in court, not only did Trump sign his name to documents listing incorrect values for his properties, the banks largely believed what he told them and made their decisions based on his claims.

According to the documents and Haigh’s testimony, at least one of the transactions required that Trump maintain a net worth of at least $2.5 billion to avoid defaulting on the loan. At the time, Trump claimed his net worth was well over $4 billion. But James’ office contends that it was actually only about $1.6 billion.

Haigh testified that when Trump approached the bank for loans, he offered several properties as collateral, including his Doral golf course and his Chicago hotel and condo building. Those properties alone, Haigh said, would not ordinarily have been enough. Haigh, who was head of risk assessment for the Deutsche’s private wealth management division—a division that handles banking for very wealthy clients—said that it was unusual for a customer to try to offer those types of properties as collateral.

“In general terms, my conclusion was the client owned a lot of real estate, a lot of golf courses, which I didn’t know how to value,” Haigh said.

Fancy houses, works of art, or planes were more typical big-ticket items offered for collateral, he said. With Trump offering golf courses and condo projects instead, Haigh said, the bank relied on Trump’s guarantee that he could use his personal wealth to cover the loans if his business went bad. And, Haigh said, Deutsche agreed to that arrangement based on the documents Trump provided. James’ now charges that those same documents were fraudulent.

When Trump’s attorneys had an opportunity to cross-examine Haigh, they once again didn’t attempt to discredit either Haigh or the documents. Instead, they wheedled out of him an admission that Deutsche Bank had not lost money lending to Trump—even if Trump had deceived the bank when he asked for the loans. But, he said, the transaction was still flawed because the terms of the loan—for example, the interest rates Trump was charged—didn’t reflect the true risk that Trump represented. Or, put another way, whether Trump paid the loans back or not, Deutsche Bank would have likely charged him higher interest rates and made more money from the deal had bank executives known the true state of Trump’s finances.

A key part of Trump’s defense in the case has been that no one was really hurt by the deceptions, so James has no reason to sue him for fraud. Judge Engoron rejected that idea in his ruling before the trial. He found that Trump had indeed committed fraud and noted that even if fraud doesn’t cause a loss to anyone, it can undermine the stability and credibility of the financial system...

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