If Trump defrauded anyone, where is the alleged “victim” of said fraud?
You only need that one The case is brought by a Republican. If the case is brought by Democrats going after a Republican you don’t need anybody who’s been harmed. They’re claiming the state was harmed
where is the alleged “victim” of said fraud?
Precisely.....I read an article earlier that no one filed a complaint. Any and all loans and debts were paid off.
At the end of the day, two entities tell you what a property/anything is worth....a buyer or an appraisal.
And, have any Republican’s weighed in on this travesty? Has the omniscient Ted Cruz or Lindsey Graham said anything about this? Or does Graham just like riding Pres Trump’s coattails when he visits SC so he can try to win the people over?
No victim is needed. I have a friend found guilty, fined hundreds of thousands and spent a year in prison for securities fraud. The crime? He used existing law and policy to create a win win for every investor. The victim? According to the prosecutor it was the government, harmed by its procedures used to benefit investors rather than bureaucrats.
In any fraud to obtain a loan the lender or bank is the “victim.” If they loan money and can’t recoup the value if the loan defaults, then they have exposure to risk. Loan fraud is usually a felony.
In most states if an appraisal is falsified or if the buyers provides false financial info the appraiser and/or the borrower could go to prison.
It seems in this case the judges and AG in NY have said during their campaigns they will get Trump and preliminary info from Fla indicates the judge is way off base with that extreme lo ball value however derived and whatever the source.