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To: SeekAndFind
Investigators are examining whether Mr. Cohen committed bank fraud in using a home-equity line of credit to pay the former porn star for her silence,

I am not quite sure how one commits bank fraud with a secured line of credit.

7 posted on 04/19/2018 10:42:30 AM PDT by dirtboy
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To: dirtboy

> I am not quite sure how one commits bank fraud with a secured line of credit. <

I don’t understand that either. It’s Cohen’s own money. He should be able to spend it any way he wants, or give it to whomever he wants.

But it’s said that there are now so many laws that each of us unknowingly commits one crime per day. Maybe that has something to do with it.


18 posted on 04/19/2018 11:14:36 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: dirtboy

Unless he got the loan specifically to do home improvement which would raise the worth of the home?


19 posted on 04/19/2018 11:19:39 AM PDT by tiki
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