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To: E. Pluribus Unum

“Not. A. Crime.

Do you believe insurance companies and banks are as stupid as you and wouldn’t do their own appraisals when insuring or loaning millions of dollars?”

I don’t know if Trump committed any of the cited events but fraud is a crime.

My credit union had an appraisal done on my house but they don’t work on commission.


More Details:
https://www.cnn.com/2022/09/21/politics/letitia-james-trump-lawsuit-takeaways-what-to-know/index.html


39 posted on 09/26/2023 2:37:12 PM PDT by TexasGator
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To: TexasGator
I can absolutely envision a scenario where an appraised value of a property is much higher than its insured value.

Build a luxury condominium tower in Manhattan, and it might be worth $500 million. Put the name “Trump Tower” on it, and it may be worth $800 million because people are willing to pay a premium to live there.

The replacement value — which is the basis of the insurance premium — is going to be closer to the $500 million value because if the building is destroyed in a disaster the insurer isn’t paying to rebuild a brand name, just a building.

50 posted on 09/26/2023 3:03:00 PM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: TexasGator

CNN.

I know you’re just a troll, but even you must know how little credibility the CIA... I mean CNN... has.


59 posted on 09/26/2023 3:15:49 PM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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To: TexasGator

Sucker


119 posted on 09/26/2023 7:22:01 PM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: TexasGator
I don’t know if Trump committed any of the cited events but fraud is a crime.

I don't know if you raped that little girl, but rape is a crime.

131 posted on 09/27/2023 5:39:34 AM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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