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Not sure what your point is, but it does appear that you were unable to name the person or persons harmed.Three years ago, his lawyers agreed in a tax filing that Mar-a-Lago was correctly valued by the county at $26.6 million. That assessment was based on the fact that Mar-a-Lago is deed restricted as a club, and isn’t listed as a private residence, which would have vastly improved its value.
While paying those down-to-earth taxes, Trump has been valuing the property at between $426.5 and $612 million in other legal filings, “an overvaluation of at least 2,300 percent, compared to the assessor’s appraisal,” the New York judge in his ongoing civil fraud trial noted.
Trump says farewell to Forbes, his inflated ego and assets after lying about Mar-a-Lago
Donald Trump boasts about Mar-a-Lago's value; don't let the tax collectors know.www.palmbeachpost.com
- New York officials did not determine the value of former President Donald Trump’s Mar-a-Lago estate in Florida. The property appraiser in Palm Beach County, where the estate is located, assessed the property and determined its value.
- In evaluating the property, Palm Beach County officials account for Mar-a-Lago’s being a deed-restricted private club. Unlike a private home, the property’s value is determined by the amount of income it generates as a club.
Video misleads about who valued Mar-a-Lago at $18 million
After a New York judge ruled last month in a fraud lawsuit that former President Donald Trump inflated the value of propwww.politifact.com
Moreover, your fact check claims that Engoron made a ruling on the issue of fraud on the basis of the $18 million dollar assessment. The fact check points out that Engoron did not come up with the $18 million dollar assessment himself, but does not argue the point that Engoron used the $18 million dollar assessment in making his ruling.
If Trump and co had reported their assets honestly the banks would have charged more interest on those loans. The banks could have made more money, that is considered a loss in financial circles.
Name the bank that was harmed.Plus banks have their money allocated into categories. They make a certain number of loans at a lower rate. By Trump taking a loan that was not rightfully his he prevented other businesses that did qualify from getting those lower rate loans They were harmed by this too.
Deutsche Bank official says large changes to net worth like Trump’s isn’t unusual
As you can imagine you might think maybe Deutche Bank was harmed... Nope, it was not. In fact:
Deutsche Bank verifies “material facts” in client finances, he said, and Williams personally went to Trump Tower in December 2011 to review bank and brokerage statements to verify there was $51.8 million in marketable securities $178 million cash balances.
The concept of an Injured Party is basic to law, contrary to your assessment of it as "silly". I don't doubt that you can imagine someone was harmed when, in fact, no one was harmed.That is a silly standard. I can explain to you how people were harmed. I cannot name specific people.
I think its clear that the judge did screw up. That said, the issue has been ruled on by the judge. No doubt the ruling will be appealed as the screw-up is evident.What did they base that on? If they based that value on other similar properties then they screwed up. Trump signed over certain rights of those properties to the city of Palm Beach. He signed over the rights to develop it so that he would have a lower tax rate. And that does not apply to just him. It also applies to whoever he sells it to. That is why it has a much lower value than surrounding sites. Trump cannot change his mind and say, "I am going to develop this and turn it into housing."