[crz]

This judge is basically issuing what is called civil forfeiture. Claiming that Trump used his assets by inflating the value of them to get loans..etc.

Well judegy ol pal. This is common practice all over the place.
I have myself in the past bought machinery that the price was inflated to get the loans by the equipment company to purchase that equipment.

I.E..machine SRP was 500 thousand. The dealer inflated the selling price to 600 thousand and showed the down payment as 100 grand. The equipment was sold for the SRP of 500 grand.
Shady as hell and maybe illegal, but it is done. All figures on paper.

[Fai Mao]

And the banks have their own appraisers. Why did none of them nix the deals.

And if I list the value of my home as $500,000 rather than $130,000 on a tax form, I pay property tax on $500,000.

[EliRoom8]

Correct me if I’m wrong but the opinion of the owner of the property is superseded by the lender’s appraiser. He could say his shoes are worth a million dollars but that doesn’t hold water unless an appraiser agrees.