Putting fraudulent information on financial disclosures is illegal.
“Putting fraudulent information on financial disclosures is illegal.”
That is beside the point. Trump did not put fraudulent information on the financial disclosure. Evaluation of what your property is worth is a subjective procedure. Trump’s estimation is just as good as anyone else’s.
Have you ever been to or seen an auction?
Have you ever seen a used car dealer give an honest appraisal of one of his cars? No, because everyone know buyer beware.
Your must be stupid or a DeSantis supporter.
Over-stating your income for a loan is fraudulent.
Mis-stating or omitting your liabilities for a loan is fraudulent.
Saying that you own a property which you do not and offering it for collateral is fraudulent.
Saying you think you can get a different price than someone else thinks that you can get is not fraudulent. Not remotely.
Claiming that a tax assessment after class deductions represents a market value is pretty close to fraud, and is at the least stupidity. The same with suggesting that a years-old buy-out option on a property represents current market price.