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Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire - Foreign Affairs (4) - Nairaland

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Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Roboto11: 11:33am On Sep 27, 2023
naijapips04:


He will be surely.

grin

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Ezmans: 11:55am On Sep 27, 2023
justmondris:

Biden really messed up as a president.
how did he mess up
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by MT: 11:58am On Sep 27, 2023
Kingsnairaland:
Real estate prices are not stable and you have the right to inflate prices when selling or buying lands.

So what is exactly the judge basing his theory on.

Judge of Nairaland, well done

1 Like 1 Share

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by linearity: 12:09pm On Sep 27, 2023
Kingsnairaland:
Real estate prices are not stable and you have the right to inflate prices when selling or buying lands.

So what is exactly the judge basing his theory on.

You don’t know the details of the accusations and did not read the allegations against him and are here sprouting your ignorance!

Real Estate value in the USA is calculated using many variables, and one of them is the square footage the property occupies, the more the square footage the higher the value.

Trump was caught pants down inflating the number of square footage of his buildings, thereby artificially inflating the value of those buildings.

The actual footage is already cut in stone in the design and approved plans e.g. 34,000 sq.sf …..when applying for loans and financial Favours, this guy would eg submit that, that same property with not improvements is now eg 59,000 sq. ft, thereby almost doubling the value of the property.

When it now come to taxes and assessments, he will reduce the square footage of the same property eg to 27,000 sq. sf so as to be assessed a lower fees.

That is pure and intentional fraud!

5 Likes 1 Share

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Obrigardo: 12:15pm On Sep 27, 2023
Criminal trump 😅😅😅😂😂😅
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by linearity: 12:15pm On Sep 27, 2023
Abagworo:
Banks do scrutinize estate value using their own valuers so I see no offense here. If I want to obtain a loan and value my property at 1milliion Naira no Bank will sheepishly lend me 1 million without verification ising their own valuers.

Nobody just value their property in the USA and say it is $1,000,000.

Trump inflated the square footage of his properties to the banks, even if the banks do their own evaluations, they will use the square footage he submitted to add to other variables to arrive at the value of the property.

The fraud here is inflating the property footage for loans and deflating them for taxes and assessments.

1 Like

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Patrioticman007(m): 12:16pm On Sep 27, 2023
KpukpuyekePikin:
On the mandate of Donald Trump we stand!!! Today, tomorrow and everyday.

Here you are supporting a white cocaine drug dealer because of his skin color & faith. However you choose to hate his opposite BATMAN due to inferiority complex.

1 Like

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by FEGNO: 12:20pm On Sep 27, 2023
Kingcalls:
Nonsense.... they know he will win next year, they are doing all they can to stop him...

Bro stop putting out nonsense. This is not Nigeria. Some of the Judges who have slammed Trump have been Judges who were appointed in his tenure. While not being perfect the US court system will hold you accountable. You think it’s Nigerian where they do all sorts of magu magu and the Judges go free

2 Likes 1 Share

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by linearity: 12:25pm On Sep 27, 2023
Calitoscassius:
But the loans were given to him, did the bank not check his credit records before lending him money? I am guessing they did, so why did they lent him the money? A lot of business men do this as long as the loans are paid off and with the maximum interests, what is the crime?

They are just trying everything to stop Trump from winning election and it isn't working.

Banks are met to serve the public and to do so equally and no, they don’t always use credit records especially for business lending. They use your business evaluation including your property evaluation and those properties stands as collateral for your loans.

No, the money in the bank does not belong to the bank alone. It belongs to the public and they are publicly insured by FDIC which is owned by the public and there are laws in the books by the State s and FG that you must not lie on your loan applications. So it does not matter if you get the loan or not or even if you paid it back.

By inflating his property footage he has defrauded the bank, the public and the State. He has prevented legitimate applicants from obtaining loans, he has falsified his business records and NO Trump don’t always pay his loans, though paying back his loans is not a mitigating factor here.

3 Likes 1 Share

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by OgaTheTop2: 12:26pm On Sep 27, 2023
gift2xl:
Where justice works
They don't care who you are ..Commit a crime, you do the time. That's where things work...not in that corrupt naija.

2 Likes

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by jrobbins: 12:29pm On Sep 27, 2023
crossfm:
Hehehe.

POTUS fraud Star grin.

Hope you know POTUS means president of the united states'?

Is Donald the current POTUS?

1 Like

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by 1stGenAmerican(f): 1:10pm On Sep 27, 2023
Calitoscassius:
But the loans were given to him, did the bank not check his credit records before lending him money? I am guessing they did, so why did they lent him the money? A lot of business men do this as long as the loans are paid off and with the maximum interests, what is the crime?

They are just trying everything to stop Trump from winning election and it isn't working.

1. You don’t understand what he did or the magnitude of the crime.
2. He won’t even get the Republican Party nomination so it’s impossible for him to win.
3. Watch him loose fair and square then go to jail.
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by 1stGenAmerican(f): 1:11pm On Sep 27, 2023
Ogonimilitant:
That's a civil matter

He was already found liable in the civil matter. Fraud is criminal and he’ll be charged under the criminal code, once again.
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Miracle2020: 1:14pm On Sep 27, 2023
Kingsnairaland:
Real estate prices are not stable and you have the right to inflate prices when selling or buying lands.

So what is exactly the judge basing his theory on.
this is not Nigeria where you can inflate the price of anything without anyone stopping you. This is United States of America where the law prohibits that rubbish.
People like you believe that you can do anything to make money.
In the US they practice democracy while in Nigeria you guys practice civil rule.

1 Like

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by 1stGenAmerican(f): 1:19pm On Sep 27, 2023
Gentew:


Democrats judge, it will 100% be overturned in the supreme Court.

I'm an estate valuer here in Nigeria, TRUMP was not the one that did the valuation of his assets, it was a registered valuer in US.

If their is anyone to be held responsible, it should be the Valuer.

The judgement is laughable.



He LOST the civil case and it’s being referred for criminal charges.
Stick to what you know in Nigeria because you know nothing about US law. When you create fake documents and sign them saying the lies are true and borrow money under false pretenses and get lower premiums, it’s fraud. The criminal cases won’t even make it to the Supreme Court, lower courts will convict him.

1 Like

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by 1stGenAmerican(f): 1:24pm On Sep 27, 2023
linearity:


Banks are met to serve the public and to do so equally and no, they don’t always use credit records especially for business lending. They use your business evaluation including your property evaluation and those properties stands as collateral for your loans.

No, the money in the bank does not belong to the bank alone. It belongs to the public and they are publicly insured by FDIC which is owned by the public and there are laws in the books by the State s and FG that you must not lie on your loan applications. So it does not matter if you get the loan or not or even if you paid it back.

By inflating his property footage he has defrauded the bank, the public and the State. He has prevented legitimate applicants from obtaining loans, he has falsified his business records and NO Trump don’t always pay his loans, though paying back his loans is not a mitigating factor here.

For those that don’t understand, here it is.
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by 1stGenAmerican(f): 1:30pm On Sep 27, 2023
alezzy13:
Shameless Trump reprobates. Now even the judge is against Trump. Nonsense

It’s easy to see how corruption spreads and thrives when regular people try to justify blatant acts of fraud committed by politicians and celebrities.
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Segzy19: 1:53pm On Sep 27, 2023
You were there abi?


Corn247:
I know for sure Trump defrauded mike Tyson when he was his manager
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Fucklove(m): 2:06pm On Sep 27, 2023
Crooked Joe Biden and the radical leftists doing all they can to stop the MAGA movement, They'll be crushed.
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Kingbuhari(m): 2:22pm On Sep 27, 2023
Waste of time.. Trump is taking over white house next year.. Americans don't reasons like Nigerians with full of sentiment
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by chaloskyx: 2:32pm On Sep 27, 2023
naa you still dont get it Tinubu is not in any trouble as long as he supports the intrests of the democrates which he does. The US only witch hunts people who are against them or pose a problem to the intrests of the ruling democratic class. for now Tinubu is very safe!!!
Taylor92:
Tinubu is in trouble


US can’t even protect their own


E come be Tinubu records


Can’t wait to see Tinubu escapades oo
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by chaloskyx: 2:34pm On Sep 27, 2023
but US is funny and has double standards you have no problem going after a corrupt man in ensuring he does not govern Americans but you would support a drug pusher to lead Nigerians and Africans abi cause its in your intrest for Nigerians to have bad leaders
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Kingsnairaland(m): 2:39pm On Sep 27, 2023
Those who don't know a star celebrity can buy a cheap thing and when he wants to sell it or give it out it will or may end up worthing times 500 of it original price

That is the advantage of been a celebrity what ever they touch becomes gold like

That is applicable to trumps properties so long as he owns them their various prices shift up which is also proportional to his mood.
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Kingcalls: 2:56pm On Sep 27, 2023
FEGNO:


Bro stop putting out nonsense. This is not Nigeria. Some of the Judges who have slammed Trump have been Judges who were appointed in his tenure. While not being perfect the US court system will hold you accountable. You think it’s Nigerian where they do all sorts of magu magu and the Judges go free

U are absolutely naive
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by boldtruthalways: 2:57pm On Sep 27, 2023
Crooked Biden and evil democrats cannot stop Trump in 2024. His victory is imminent.
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by FireUpNow(m): 3:05pm On Sep 27, 2023
Taylor92:
Tinubu is in trouble


US can’t even protect their own


E come be Tinubu records


Can’t wait to see Tinubu escapades oo

I like see Tinubu own oo
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Larryndelaw: 3:20pm On Sep 27, 2023
Taylor92:
Tinubu is in trouble


US can’t even protect their own


E come be Tinubu records


Can’t wait to see Tinubu escapades oo
Rubbish talk
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Gentew(m): 3:28pm On Sep 27, 2023
1stGenAmerican:



He LOST the civil case and it’s being referred for criminal charges.
Stick to what you know in Nigeria because you know nothing about US law. When you create fake documents and sign them saying the lies are true and borrow money under false pretenses and get lower premiums, it’s fraud. The criminal cases won’t even make it to the Supreme Court, lower courts will convict him.

Dear US legal practitioner, you just proved you knew nothing!!!
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by KingRabota: 3:29pm On Sep 27, 2023
No man you're getting it all twisted. You really need them meds so you don't be sounding like you've lost your mind

Obaofaba:


You typed like a lunatic
Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by Gerard28: 3:32pm On Sep 27, 2023
Noneroone:
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://abcnews.go.com/amp/Politics/troubles-biden-age-reelection-campaign-poll/story%3Fid%3D103436611&ved=2ahUKEwiC_KySxMqBAxWxWkEAHShcB58Q0PADKAB6BAgZEAE&usg=AOvVaw1nUFDJuucvaXIK8UdVsKTL


https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.dailymail.co.uk/news/article-12558821/amp
/Joe-Biden-trails-Donald-Trump-2024-rematch-loses-key-support-independent-younger-voters-shock-Daily-Mail-poll-reveals.html&ved=2ahUKEwjdpsq-xMqBAxX5W0EAHWyEDNAQ0PADKAB6BAgPEAE&usg=AOvVaw0vYqXW3n6gQX70Xi9xK-Y3

Is it with that very Slim margin done by not even more than a dot of the American citizens who regularly engage in polls that you are coming up with the "Leading in polls"?
When I have even seen other polls where Biden is leading that clown but I didn't even pay attention to them.

Let this sink home brother...

The American Voters can NEVER vote Trump in for the Rest of their history.

The sooner you believe, The better..

2 Likes 1 Share

Re: Judge Rules Trump Defrauded Banks, Insurers While Building Real Estate Empire by KingRabota: 3:36pm On Sep 27, 2023
Look at it like this, the Jan 6 investigation, the Georgia and new york cases have all been "investigated" for at least a year and half.
Why they only start pressing charges and going for indictments only at the beginning of this election cycle??
They could have concluded with the trials months ago but they waited, why ??
Come to think of it what About that woman that accused him of a rape that happened more than 20 years ago why all the allegations coming out now ??

adm212144:
you guys are forgetting that America has a system that’s checks all .I don’t agree with your statement.it’s him that was making it look like he’s desperate.

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