Luxembourg calls Trump a “criminal” and “political pyromaniac who should be sent to criminal court”

[pjmret]

Did Trump or his lawyers defraud someone by misstating the actual size of the property? Did someone buy the property thinking it was 30,000 SF and then find it was only 10,000 SF? Are buyers that stupid?

He used it in financial statements which were used for loans and insurance purposes. That's fraud

 

[pjmret]

I have read claims from different experts assessing Trump's property at widely different values. Who is right? The hair-on-fire, Trump-hating, mad dog leftist lawyers?

Trump said his properties were worth small amo7nts for taxes and large amounts for loans and insurance. That's illegal

 

[pjmret]

Are you suggesting Trump received lower tax assessments because he fooled tax assessors into believing his property was smaller than it was? Is it a serious crime to be punished by decades in prison if you get a lower lending rate from the bank by fooling them into blindly accepting your claim that you are worth more money than others think you are worth? That means banks give poor people higher rates for being poor?

I am saying he agreed maralago was worth less for taxes and more for loans and insurance. That's illegal

 

[pjmret]

Why is telling someone your land is bigger than it is a crime? Is that like stealing cash or lying on a gun purchase application?

It was used in official financial documents. That's illegal

 

[pjmret]

If Trump lied on a loan application and the bank did not catch it did the bank lose money because they failed to adequately check his claims? Was Trump's lie a serious or minor offence? If Hunter lied on a gun application and bought a gun illegally was that lie a serious or a minor crime?

It doesn't matter if the bank lost money
The lie itself was illegal

 

[pjmret]

How do real estate agents derive property values? If Trump could have increased the value of the property tenfold by simply proposing building condos on the property, then how can unlearned lawyers contradict the different values set by agents using different qualifiers?

You can't declare something is worth more on the basis of actions you can't do
That's illegal

 

[pjmret]

Has any American been jailed for 30 years because the value he assessed on his property on a loan application was larger than the value a tax department places on it? Or is this case something Foaming-at-the-mouth Trump-hating leftist prosecutors just cooked up for Trump and nobody else?

I don't know the range of sentences. Look it up if you care

 

[pjmret]

Mar-a-Lago, Palm Beach, Florida
This property was valued as high as $739 million based on the false premise that it was
unrestricted property and could be developed for residential use, even though Mr.
Trump himself signed deeds donating his residential development rights, sharply
restricting changes to the property, and limiting the permissible use of the property to a
social club

Blatant lie lol

 

[pjmret]

Fixed Assets Scheme: This tactic valued the clubs based on fixed assets
without factoring in any depreciation. This is contrary to industry custom and
practice for an ongoing business

Blatant lie lol

 

[pjmret]

Trump International Golf Links Scotland (Aberdeen)
The valuation of this golf course assumed 2,500 homes could be developed when the
Trump Organization had obtained zoning approval to develop less than 1,500 cottages
and apartments, many of which were expressly identified as being only for short-term
rental. The $267 million value attributed to those 2,500 homes accounted for more than
80% of the total $327 million valuation for Aberdeen on the 2014 statement

Blatant lie lol

 

[Boris Norris]

You must be joking. Democrats whose elections are repeatedly secured by Soros voting machines have job security for life.

Good isn't it.
And you think Biden is demented. He's smart enough to kick Trump out.

 

[pjmret]

Trump National Doral, Miami, Florida
The Trump Organization executed a $150 million purchase and sale agreement for this
property in 2011. Mr. Trump’s statements were used to secure a $125 million loan from
Deutsche Bank and were regularly submitted to the bank to fulfill Mr. Trump’s financial
reporting requirements as guarantor on the loan. In multiple instances, the loan
agreement required that Mr. Trump certify the truth and accuracy of his statements as a
condition of the guaranty and the continuing loan covenants.

Fraud lol

 

[pjmret]

Trump International Hotel & Tower, Chicago, Illinois
Since 2009, this property’s value has been excluded from the statements because,
according to sworn testimony, Mr. Trump did not want to take a position that would
conflict with his contention to tax authorities that the property had become worthless,
and thus formed the basis of a substantial loss under the federal tax code. However, in
2012, using the building or its components as collateral, Mr. Trump and the Trump
Organization obtained a $107 million loan on the building from Deutsche Bank. The loan
received a $45 million expansion in 2014. Mr. Trump’s supposed net worth of $4 billion
reflected in his statement was used to personally guarantee the initial loan at an interest
rate approximately four percentage points lower than it would have been without his
guaranty.

That's fraud lol

 

[pjmret]

Trump Old Post Office, Washington, D.C.
In 2013, the Trump Organization obtained a ground lease from the federal General
Services Administration to redevelop this property into a luxury hotel. This project was
captained by Ivanka Trump, and Mr. Trump’s statements were central to their effort to
win the bid to redevelop this site. They were able to obtain a $170 million loan for
construction from Deutsche Bank on much more favorable terms by personally
guaranteeing the loans using Mr. Trump’s statements. The loan agreement required
that Mr. Trump certify the accuracy of his statements annually and included a provision
that made him guarantee that the materials provided to the bank to obtain the loan did
not include any misleading information. Any misrepresentation on those statements
would constitute a default under the terms of the loan. In May 2022, the Trump
Organization sold the Old Post Office property for $375 million. As a result, Mr. Trump
obtained more than $100 million in net profit, which was the result of a loan he was able
to obtain by using his false and misleading statements.

That's fraud lol

 

[pjmret]

The net is Trump blatantly lies on financial statements used to his benefit for tax, loan, etc purposes

That's fraud