Popular Post Social Media Posted October 25, 2023 Popular Post Share Posted October 25, 2023 Donald Trump’s ex-fixer inflated the valuation of the former president’s assets to “whatever number Mr Trump told us to”, he has testified. Michael Cohen made the allegation as he took the stand at Trump’s civil fraud trial in New York. His highly anticipated testimony is at the heart of the prosecutors’ case against his former boss. Cohen – the trial’s star witness – claimed he was “tasked, by Mr Trump, to increase the total assets based upon a number that he arbitrary selected”, in an effort to magnify his net worth and “obtain better insurance premiums”. Trump, who attended the trial on Tuesday, dismissed Cohen as a “proven liar” and told reporters he was “not worried at all” about his former lawyer’s testimony. Judge Arthur Engoron has already ruled Trump and his family business committed fraud. Engoron is using this trial – focused on remaining claims of conspiracy, insurance fraud and falsifying business records – to decide on punishment. “This is not about Donald Trump v Michael Cohen, or Michael Cohen v Donald Trump,” Cohen said as he arrived at court in Manhattan. “This is about accountability, plain and simple.” The two men have not been in the same room since Cohen, Trump’s personal attorney for more than a decade, turned on his boss. The former executive vice-president at the Trump Organization ultimately pleaded guilty in 2018 to felony charges, including tax evasion and lying to Congress during an investigation of Trump’s ties with Russia. Trump continued to attack Cohen before entering the courtroom on Tuesday. “He’s a proven liar, as you know, a felon,” the former president told reporters. “We did nothing wrong and that’s the truth.” Cohen’s congressional testimony in 2019 – during which he alleged that Trump “inflated his assets when it served his purposes” – led the office of the New York attorney general, Letitia James, to pursue its fraud case against the former president. FULL STORY 1 2 1 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 This is such BS. I am a former bank executive. When financial statements are sent in to a bank for a loan they have to be accompanied by appraisals. You don't loan money against a building unless it is appraised typically by bonifide cash flow reports that supports it valuation. I personally have bought businesses and financed them. I was required to get the value of the business appraised and submitted as part of my application for the loan. Do you really believe if someone, anyone walked into a bank and said, hey look I have properties worth $10 billion dollars that the bank would not question the validity of them and take them the valuation at face value. Another point, to the best of my knowledge any of the loans that are being questioned are not in default. So irrespective of what those properties are worth how is the bank harmed. It loaned money and is getting it paid back. 1 4 2 12 Link to comment Share on other sites More sharing options...
Popular Post Tug Posted October 25, 2023 Popular Post Share Posted October 25, 2023 5 minutes ago, Longwood50 said: This is such BS. I am a former bank executive. When financial statements are sent in to a bank for a loan they have to be accompanied by appraisals. You don't loan money against a building unless it is appraised typically by bonifide cash flow reports that supports it valuation. I personally have bought businesses and financed them. I was required to get the value of the business appraised and submitted as part of my application for the loan. Do you really believe if someone, anyone walked into a bank and said, hey look I have properties worth $10 billion dollars that the bank would not question the validity of them and take them the valuation at face value. Another point, to the best of my knowledge any of the loans that are being questioned are not in default. So irrespective of what those properties are worth how is the bank harmed. It loaned money and is getting it paid back. Back when Trump managed to bankrupt 2 casinos the banks made a decision to continue to fund him on the premise that it was cheaper to keep him than bankrupt him he’s a fraud pure and simple he is what he is 10 3 4 6 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 2 minutes ago, Tug said: Back when Trump managed to bankrupt 2 casinos the banks made a decision to continue to fund him on the premise that it was cheaper to keep him than bankrupt him he’s a fraud pure and simple he is what he is As I said, to the best of my knowledge none of the valuations being argued over today involve any loans not being repaid. As to the banks actions, did you ever hear of Chapter 11 bankruptcy. Creditors often find it preferable to continue to fund a struggling organization to get some repayment versus siezing assets. One way or another, the bank and as said, I was a bank executive for many years, you do not take customers financial statements at face value. If you loan money against a home, it has an appraisal. If you loan against business assets, they are appraised. If you loan against a car, it has a blue book value. 1 2 6 Link to comment Share on other sites More sharing options...
Popular Post Chomper Higgot Posted October 25, 2023 Popular Post Share Posted October 25, 2023 13 minutes ago, Longwood50 said: This is such BS. I am a former bank executive. When financial statements are sent in to a bank for a loan they have to be accompanied by appraisals. You don't loan money against a building unless it is appraised typically by bonifide cash flow reports that supports it valuation. I personally have bought businesses and financed them. I was required to get the value of the business appraised and submitted as part of my application for the loan. Do you really believe if someone, anyone walked into a bank and said, hey look I have properties worth $10 billion dollars that the bank would not question the validity of them and take them the valuation at face value. Another point, to the best of my knowledge any of the loans that are being questioned are not in default. So irrespective of what those properties are worth how is the bank harmed. It loaned money and is getting it paid back. You are a former bank executive and you are unaware that making false statements on valuations to a bank in order to obtain a loan is in and of itself fraud. That the loan payments are made has no bearing on the matter. 7 1 1 9 8 Link to comment Share on other sites More sharing options...
Popular Post Berkshire Posted October 25, 2023 Popular Post Share Posted October 25, 2023 23 minutes ago, Longwood50 said: This is such BS. I am a former bank executive. When financial statements are sent in to a bank for a loan they have to be accompanied by appraisals. You don't loan money against a building unless it is appraised typically by bonifide cash flow reports that supports it valuation. I personally have bought businesses and financed them. I was required to get the value of the business appraised and submitted as part of my application for the loan. Do you really believe if someone, anyone walked into a bank and said, hey look I have properties worth $10 billion dollars that the bank would not question the validity of them and take them the valuation at face value. Another point, to the best of my knowledge any of the loans that are being questioned are not in default. So irrespective of what those properties are worth how is the bank harmed. It loaned money and is getting it paid back. Are you even aware that the judge has ruled on this case, and that Trump is indeed guilty of fraud? From the article: [Judge Arthur Engoron has already ruled Trump and his family business committed fraud. Engoron is using this trial – focused on remaining claims of conspiracy, insurance fraud and falsifying business records – to decide on punishment.] As for your last sentence, let's say you embezzled money from your bank. And you took that money to go play the ponies and your horse actually won. Even if you put that money back, you're still guilty of embezzlement. 7 7 2 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 4 minutes ago, Chomper Higgot said: That the loan payments are made has no bearing on the matter. Making false statements is a crime. However the loan payments do have a bearing on it. Where is the injury to the bank? If Trump was not being persecuted because he is hated by the left, the bank which ostensibly is the injured party would not be bringing the action. This is purely political BS. The bank if the financial statements were false is also guilty of not performing its duty to verify. If you pull virtually any financial statement from any loan you can argue that it is not 100% accurate. As to valuations of buildings. They are all "subjective" The valuation can only be established at the time of sale. Further, valuations fluctuate wildly from period to period. When I was doing assessing valuations for accounts back in the 1980's huge blocks of real estate we deemed as worthy of "holding" for future appreciation. In truth we couldn't give those buildings away Texas oil crashed and building valuations were a joke because no one wanted them at any price. Today, those same buildings are worth hundreds of milllions. So did we the bankers make a mistake in calling those buildings worthwhile holdings. Pure subjectivity. 1 4 8 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 1 minute ago, Berkshire said: As for your last sentence, let's say you embezzled money from your bank. And you took that money to go play the ponies and your horse actually won. Even if you put that money back, you're still guilty of embezzlement. That is a false equivalent. A loan obligation is a promise to pay back period. So long as the debtor pays back to the lender, the underlying collateral is not an issue. As to the Judge. Yes and you could just as easily gone to another judge who would rule that it was not fraud. One only has to look at the OJ Simpson trial to know that the courts are hardly infallible or biased. 1 5 1 2 Link to comment Share on other sites More sharing options...
Popular Post Berkshire Posted October 25, 2023 Popular Post Share Posted October 25, 2023 Just now, Longwood50 said: That is a false equivalent. A loan obligation is a promise to pay back period. So long as the debtor pays back to the lender, the underlying collateral is not an issue. As to the Judge. Yes and you could just as easily gone to another judge who would rule that it was not fraud. One only has to look at the OJ Simpson trial to know that the courts are hardly infallible or biased. Boy, talk about false equivalence. The OJ trial was decided by a jury, much more fallible and/or biased. This is a bench trial and the judge is by-the-book. 2 1 1 Link to comment Share on other sites More sharing options...
Popular Post placeholder Posted October 25, 2023 Popular Post Share Posted October 25, 2023 15 minutes ago, Longwood50 said: Making false statements is a crime. However the loan payments do have a bearing on it. Where is the injury to the bank? If Trump was not being persecuted because he is hated by the left, the bank which ostensibly is the injured party would not be bringing the action. This is purely political BS. The bank if the financial statements were false is also guilty of not performing its duty to verify. Cl If you pull virtually any financial statement from any loan you can argue that it is not 100% accurate. As to valuations of buildings. They are all "subjective" The valuation can only be established at the time of sale. Further, valuations fluctuate wildly from period to period. When I was doing assessing valuations for accounts back in the 1980's huge blocks of real estate we deemed as worthy of "holding" for future appreciation. In truth we couldn't give those buildings away Texas oil crashed and building valuations were a joke because no one wanted them at any price. Today, those same buildings are worth hundreds of milllions. So did we the bankers make a mistake in calling those buildings worthwhile holdings. Pure subjectivity. Subjective? Like claiming your apartment has 30,000 square feet instead of a little over 10,000 square feet? Valuing a property as though it has full development rights even though those rights have been signed away? And there's lots more where that came from. This isn't about fudge factors. 4 1 1 4 5 Link to comment Share on other sites More sharing options...
Popular Post Chomper Higgot Posted October 25, 2023 Popular Post Share Posted October 25, 2023 13 minutes ago, Longwood50 said: Making false statements is a crime. However the loan payments do have a bearing on it. Where is the injury to the bank? If Trump was not being persecuted because he is hated by the left, the bank which ostensibly is the injured party would not be bringing the action. This is purely political BS. The bank if the financial statements were false is also guilty of not performing its duty to verify. If you pull virtually any financial statement from any loan you can argue that it is not 100% accurate. As to valuations of buildings. They are all "subjective" The valuation can only be established at the time of sale. Further, valuations fluctuate wildly from period to period. When I was doing assessing valuations for accounts back in the 1980's huge blocks of real estate we deemed as worthy of "holding" for future appreciation. In truth we couldn't give those buildings away Texas oil crashed and building valuations were a joke because no one wanted them at any price. Today, those same buildings are worth hundreds of milllions. So did we the bankers make a mistake in calling those buildings worthwhile holdings. Pure subjectivity. The financial system is the injured party, fraud undermines trust in and the credibility of the how finance functions and is governed. There is a difference between subjective error and criminally fraudulent valuation. The court has already determined criminal fraud. Sure this ought to be basic knowledge for a bank executive. 2 1 4 3 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 12 minutes ago, Berkshire said: Boy, talk about false equivalence. The OJ trial was decided by a jury, much more fallible and/or biased. This is a bench trial and the judge is by-the-book. No my statement was that "courts" are not infallible. Take the most recent case with Roe V Wade. The Supreme Court ruled that the prior Supreme Court was wrong. Judges are human and have biases. Go to a different judge and you would get a different opinion. 1 2 2 Link to comment Share on other sites More sharing options...
Popular Post Chomper Higgot Posted October 25, 2023 Popular Post Share Posted October 25, 2023 Just now, Longwood50 said: No my statement was that "courts" are not infallible. Take the most recent case with Roe V Wade. The Supreme Court ruled that the prior Supreme Court was wrong. Judges are human and have biases. Go to a different judge and you would get a different opinion. Valuations are black and white records. Arithmetic is not subjective. 3 1 2 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 2 minutes ago, Chomper Higgot said: The financial system is the injured party, fraud undermines trust in and the credibility of the how finance functions and is governed. There is a difference between subjective error and criminally fraudulent valuation. The court has already determined criminal fraud. Sure this ought to be basic knowledge for a bank executive. I suggest my 34 years as an executive officer for major banks including Bank of America is a bit broader than yours. Basic Law an "injured party" brings action. If anyone was injured it was the banks. That would be who the "false statements" were make to. Did the banks bring the action or did Trumps' political enemies. Now if I say I own a piece of property and I did not own it. That is fraud. If I place a value of $10 million on it and years later you claim it was only worth $5 million and I committed fraud that is purely subjective. This is purely a case of poltiical vindictiveness. No bank brought any claims of not being paid by Trump and being injured by his financial statements. This is Stalinist. 1 4 2 1 4 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 3 minutes ago, Chomper Higgot said: Valuations are black and white records. Yes they are. And who made the valuations? People don't appraise their own properties. If Trump pledged assets 1. They had to be supported by outside valuations. 2. They had to be reviewed and approved by the banks lending officer. Still bottom line. The valuations are irrelevant if the debt was repaid. 1 3 2 Link to comment Share on other sites More sharing options...
Popular Post Chomper Higgot Posted October 25, 2023 Popular Post Share Posted October 25, 2023 5 minutes ago, Longwood50 said: Basic Law an "injured party" brings action. If anyone was injured it was the banks. Since you mention the law, here it is, Section 12 applies and has been applied: https://codes.findlaw.com/ny/executive-law/exc-sect-63/ 2 1 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post Chomper Higgot Posted October 25, 2023 Popular Post Share Posted October 25, 2023 5 minutes ago, Longwood50 said: Yes they are. And who made the valuations? People don't appraise their own properties. If Trump pledged assets 1. They had to be supported by outside valuations. 2. They had to be reviewed and approved by the banks lending officer. Still bottom line. The valuations are irrelevant if the debt was repaid. What matters is who submitted the ‘fraudulent’ valuations. Submitting a false valuation is Fraud, it becomes fraud at the very moment of submission, absolutely nothing to do with whether the loan is paid. The submissions have been ruled by the court as fraud. 4 1 3 1 1 Link to comment Share on other sites More sharing options...
Popular Post pomchop Posted October 25, 2023 Popular Post Share Posted October 25, 2023 20 minutes ago, Longwood50 said: Yes they are. And who made the valuations? People don't appraise their own properties. If Trump pledged assets 1. They had to be supported by outside valuations. 2. They had to be reviewed and approved by the banks lending officer. Still bottom line. The valuations are irrelevant if the debt was repaid. You best stick to banking as you clearly do not understand the law. The definition is clearly laid out in the law and the judge in spite of your idea that a different judge "may" have ruled differently seems based on your failure to understand the actual laws that were clearly violated. The fact that a debt was repaid has nothing whatsoever to do with the laws that were broken. Thus the correct ruling and interpretation of the law. If I rob a bank but then repay the bank i am still guilty of robbing the bank. The evidence already submitted is overwhelming if you would take the time to review the actual law and the various testimony and documents submitted over years. 4 2 5 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 47 minutes ago, pomchop said: You best stick to banking as you clearly do not understand the law. As I have previously stated. This is a political witch hunt. The "injured" party would be the bank. They were not injured. They also should be the one to bring the lawsuit claiming fraud. They did not. Who did. His political opponents. This is like the IRS finding a taxpayer paid all of his taxes but had innacurate information on the returns that didn't impact the taxes due, then claiming a false tax return. The underlying premise of a fraud is that it causes people to lose money. A fraud with no victim not a crime. The valuations are subjective and they were accepted by the bank. The government now coming in after the fact and second guessing the bank is purely weaponizing government. If the bank was injured due to any fabrication in my opinion that would be different. This really is no different than when Hunter Biden was charged with making false statements on a gun purchase. Few if any are ever prosecuted. Biden was targeted strictly because he was Biden. Trump targeted strictly because he is Trump and he has political enemies. 1 3 6 Link to comment Share on other sites More sharing options...
Popular Post placeholder Posted October 25, 2023 Popular Post Share Posted October 25, 2023 26 minutes ago, Longwood50 said: As I have previously stated. This is a political witch hunt. The "injured" party would be the bank. They were not injured. They also should be the one to bring the lawsuit claiming fraud. They did not. Who did. His political opponents. This is like the IRS finding a taxpayer paid all of his taxes but had innacurate information on the returns that didn't impact the taxes due, then claiming a false tax return. The underlying premise of a fraud is that it causes people to lose money. A fraud with no victim not a crime. The valuations are subjective and they were accepted by the bank. The government now coming in after the fact and second guessing the bank is purely weaponizing government. If the bank was injured due to any fabrication in my opinion that would be different. This really is no different than when Hunter Biden was charged with making false statements on a gun purchase. Few if any are ever prosecuted. Biden was targeted strictly because he was Biden. Trump targeted strictly because he is Trump and he has political enemies. Valuations are not a matter of subjectivity when they are based on objectively provable lies. 3 1 2 2 1 Link to comment Share on other sites More sharing options...
Popular Post Emdog Posted October 25, 2023 Popular Post Share Posted October 25, 2023 I recall a bit of "wisdom" along the lines of Borrow 20,000 from a bank & can't pay it back: you've got a problem borrow 100 million from a bank & can't pay it back: the bank has a problem Remember Trump burned so many bridges with US based finance orgs that he had to go to Deutsche Bank for loans, and their operations were "shady" or "aggressive" depending on your view. Lots of finance from (guess who) Russia 3 1 1 Link to comment Share on other sites More sharing options...
Popular Post animalmagic Posted October 25, 2023 Popular Post Share Posted October 25, 2023 If any person through some deception (false valuations, lies, etc) obtains a loan, or one at a more preferential rate, that they would not normally have been granted if the true facts were known, commits an offence. Commonly called fraud but can also be termed 'obtaining pecuniary advantage through deception'. 4 2 Link to comment Share on other sites More sharing options...
Popular Post JCauto Posted October 25, 2023 Popular Post Share Posted October 25, 2023 2 hours ago, Longwood50 said: Yes they are. And who made the valuations? People don't appraise their own properties. If Trump pledged assets 1. They had to be supported by outside valuations. 2. They had to be reviewed and approved by the banks lending officer. Still bottom line. The valuations are irrelevant if the debt was repaid. You must have been a remarkably incompetent or willfully obtuse bank executive. If I submit an appraisal to the bank that is deliberately inflated so as to make it easier and cheaper for me to get the loan, that is still a fraudulent act, but probably doesn't become a felony until the loan is actually approved, the funds transferred and the charges made. You say the bank's lending officer has to approve it (true obviously) and that this fraud/deceit is irrelevant if the debt is repaid since the bank is the injured party from the fraudulent actions. This is patently false. Just because I'm a clever fraudster and can control my appraisers and provide the appearance of credibility such that it can fool a bank officer doesn't mean I somehow "get away with it" - the intention to commit fraud and the action to sign the loan based on that fraud having knowingly been committed within the loan application make this a criminal act and a felony based on the amounts involved. While the Bank may decide it's in their interests to ignore the fraud/dubious client, the crime was committed and has impacts on others who are not within the bank so they are not the only injured party. Trump's real estate competitors were disadvantaged by his being able to obtain large amounts of financing at low interest rates based on fraudulent means. Trump's fictitious valuations also have tax implications and he clearly changed the valuations to gain favorable loans and switched them when reporting his taxes to reduce the taxes that would be owed. Deutsche Bank didn't press charges to start this investigation as they most likely realized that their dubious support for Trump would reflect even more poorly once the details started coming out so just wrote it off. But the Attorney-General did because it is their purview to ensure that businesses don't commit major fraud to disadvantage their competition or the public at large. You seem to be under the impression that crimes require the directly affected people to agree to the prosecution, so if the bank says "no big deal" it's then "no harm, no foul". This is not the case. But as you were a bank executive when the greatest single financial fraud perpetrated on the world by the US banking system occurred in 2008, we should hardly be surprised that you take a blasé attitude to financial fraud by wealthy people, nor that you're a big supporter of Trump. 6 6 1 1 Link to comment Share on other sites More sharing options...
Georgealbert Posted October 25, 2023 Share Posted October 25, 2023 (edited) Deleted Edited October 25, 2023 by Georgealbert Removed post 1 Link to comment Share on other sites More sharing options...
Popular Post Chomper Higgot Posted October 25, 2023 Popular Post Share Posted October 25, 2023 2 hours ago, Longwood50 said: As I have previously stated. This is a political witch hunt. The "injured" party would be the bank. They were not injured. They also should be the one to bring the lawsuit claiming fraud. They did not. Who did. His political opponents. This is like the IRS finding a taxpayer paid all of his taxes but had innacurate information on the returns that didn't impact the taxes due, then claiming a false tax return. The underlying premise of a fraud is that it causes people to lose money. A fraud with no victim not a crime. The valuations are subjective and they were accepted by the bank. The government now coming in after the fact and second guessing the bank is purely weaponizing government. If the bank was injured due to any fabrication in my opinion that would be different. This really is no different than when Hunter Biden was charged with making false statements on a gun purchase. Few if any are ever prosecuted. Biden was targeted strictly because he was Biden. Trump targeted strictly because he is Trump and he has political enemies. Rather than keeping through hoops to try and get reality to fit your viewpoint, read the relevant law (the law applied in the case), in particular Section 12. 3 hours ago, Chomper Higgot said: Since you mention the law, here it is, Section 12 applies and has been applied: https://codes.findlaw.com/ny/executive-law/exc-sect-63/ 2 1 Link to comment Share on other sites More sharing options...
Popular Post Cory1848 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 3 hours ago, Longwood50 said: If Trump was not being persecuted because he is hated by the left, the bank which ostensibly is the injured party would not be bringing the action. This is purely political BS. Trump is “hated by the Left” (in fact by a substantial majority of the US electorate) because they firmly reject the direction he has promised to take the country. He is being PROsecuted (not “persecuted”) for crimes for which he has been indicted (four times, totaling 91 felony counts), and for which a growing number of former insiders are lining up to testify. If I have any technical questions about banking, I’ll come to you for sure. If I want a clear-eyed evaluation of political candidates, I’ll turn elsewhere. 3 1 2 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 8 minutes ago, Cory1848 said: If I have any technical questions about banking, I’ll come to you for sure. If I want a clear-eyed evaluation of political candidates, I’ll turn elsewhere. The FBI says it found 113 classified emails that were mishandled "Contrary to her sworn testimony, Secretary Clinton sent and received emails that were marked classified at the time." – James Comey FBI Clinton's use of a private email system and a private server violated federal law, specifically 18 U.S. Code § 1924, regarding the unauthorized removal and retention of classified documents or materials, as well as State Department protocols and procedures ... The Clinton campaign previously had indicated that her personal emails were deleted before Clinton received a congressional subpoena on March 4, 2015. But the FBI said her emails were deleted “between March 25-31, 2015” — three weeks after the subpoena Now who did the government choose to prosecute for a what they perceive as a boastful representation of asset value versus actions that clearly were willful violations of the law. President Clinton admits he lied under oath about his affair with Monica Lewinsky in 2001 IRS criminal supervisory special agent Gary Shapley, told lawmakers that the Justice Department's tax division and the prosecutors handling the Biden probe viewed the deductions as "a slam dunk case" of tax fraud. Biden also made $18,000 in wire payments to another woman, using coded language to conceal the purpose of the transaction. Another payment of $10,000, labeled as a "golf club member deposit," was actually for a sex club membership. In April 2005, Berger pleaded guilty to a misdemeanor charge of unauthorized removal and retention of classified material from the National Archives in Washington, D.C. Now tell me how the banks were so hurt by any falsification of Trumps net worth versus outright lying under oath, falsifying tax returns, and stuffing classified documents in your pants and how those were treated. If Trump was not in politics using Comey's words, no reasonable prosecutor would ever bring the case. Using Comey as an example, there was a woman who lied under oath and was sent to jail her name was Martha Stewart. Guess who prosecuted her for lying. None other than James Comey. This is all political. You bring charges, no matter how far fetched or trivial and you keep your opponent bottled up in litigation. 3 1 5 Link to comment Share on other sites More sharing options...
Popular Post Longwood50 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 19 minutes ago, Chomper Higgot said: Since you mention the law, here it is, Section 12 applies and has been applied Since you mention the law, tell me how the law applied to these. The FBI says it found 113 classified emails that were mishandled "Contrary to her sworn testimony, Secretary Clinton sent and received emails that were marked classified at the time." – James Comey FBI Clinton's use of a private email system and a private server violated federal law, specifically 18 U.S. Code § 1924, regarding the unauthorized removal and retention of classified documents or materials, as well as State Department protocols and procedures ... The Clinton campaign previously had indicated that her personal emails were deleted before Clinton received a congressional subpoena on March 4, 2015. But the FBI said her emails were deleted “between March 25-31, 2015” — three weeks after the subpoena Now who did the government choose to prosecute for a what they perceive as a boastful representation of asset value versus actions that clearly were willful violations of the law. President Clinton admits he lied under oath about his affair with Monica Lewinsky in 2001 IRS criminal supervisory special agent Gary Shapley, told lawmakers that the Justice Department's tax division and the prosecutors handling the Biden probe viewed the deductions as "a slam dunk case" of tax fraud. Biden also made $18,000 in wire payments to another woman, using coded language to conceal the purpose of the transaction. Another payment of $10,000, labeled as a "golf club member deposit," was actually for a sex club membership. In April 2005, Berger pleaded guilty to a misdemeanor charge of unauthorized removal and retention of classified material from the National Archives in Washington, D.C. 1 3 1 4 Link to comment Share on other sites More sharing options...
Popular Post wwest5829 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 2 hours ago, Longwood50 said: As I have previously stated. This is a political witch hunt. The "injured" party would be the bank. They were not injured. They also should be the one to bring the lawsuit claiming fraud. They did not. Who did. His political opponents. This is like the IRS finding a taxpayer paid all of his taxes but had innacurate information on the returns that didn't impact the taxes due, then claiming a false tax return. The underlying premise of a fraud is that it causes people to lose money. A fraud with no victim not a crime. The valuations are subjective and they were accepted by the bank. The government now coming in after the fact and second guessing the bank is purely weaponizing government. If the bank was injured due to any fabrication in my opinion that would be different. This really is no different than when Hunter Biden was charged with making false statements on a gun purchase. Few if any are ever prosecuted. Biden was targeted strictly because he was Biden. Trump targeted strictly because he is Trump and he has political enemies. Entitled to your opinion. This citizen thinks he will trust in the judgement of the citizen Grand Jury finding cause to bring the charges and the Justice system. And yes, as a student of history I agree that court decisions can be challenged , for cause, through the appeals process. Four separate Grand Juries finding 91 counts? As you maintain in presentation of bank loan valuations … here in these cases, documentation must be presented supporting the charges. I’ll wait on this cases and the other cases where citizen juries will be involved. I am not willing to dismiss all charges against Trump as political knowing of his long documented history. 3 1 Link to comment Share on other sites More sharing options...
Popular Post wwest5829 Posted October 25, 2023 Popular Post Share Posted October 25, 2023 18 minutes ago, Cory1848 said: Trump is “hated by the Left” (in fact by a substantial majority of the US electorate) because they firmly reject the direction he has promised to take the country. He is being PROsecuted (not “persecuted”) for crimes for which he has been indicted (four times, totaling 91 felony counts), and for which a growing number of former insiders are lining up to testify. If I have any technical questions about banking, I’ll come to you for sure. If I want a clear-eyed evaluation of political candidates, I’ll turn elsewhere. Nailed it Cory, thanks. 2 3 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now