“No trial is required for the Court to determine that (Trump) presented grossly and materially inflated asset values in (financial filings) and then used those (filings) repeatedly in business transactions to defraud banks and insurers,” the filing said. What's so stupid about this is that she assumes the banks and insurers and others just accept such filings no questions asked. The banks and insurers have a responsibility and vested interest in analyzing and evaluating any asset valuations presented to them.
They'd be negligent and irresponsible to not do that.
Bottom line...all the bank cares about it that you have the "credit" necessary to obtain a loan. She's limited to NYS since that is where he is being tried. Did he have the assets to secure the loans?? Surely any loan was waaaaaay below any assets he submitted.
I repeat...there is no victim.
She's guessing...and she's gonna have a hell of a time proving that someone got s******.