Posted on 01/19/2022 12:21:06 AM PST by knighthawk
New York's attorney general is seeking a court order to force Donald Trump and his two oldest children to testify in their fraud case, stating that she has 'uncovered significant evidence' of financial misconduct.
Letitia James has since March 2019 been looking into the tax affairs of the Trump Organization, after former Trump confidante Michael Cohen shed light on its business practices.
James is looking at whether the Trump Organization inflated the value of its assets in a bid to claim tax relief.
(Excerpt) Read more at dailymail.co.uk ...
Waste of time and taxpayers money. It’s what the bank is willing to lend. Oh, and that’s other peoples money too. Democrap back ground noise, which most Demcraps passing gas is and sounds like hippo farts.
She’s desperate. She has nothing.
Yea think about it... after all this time no hard smoking gun of criminality. Thats a very good sign.
Having to guesstimate the value of things. Who couldn’t the government get if they wanted to bad enough when guesstimates are involved?
How about you investigate Pelosi’s insider trading?
Does this jackass AG even believe the sh!t in these court filings?
UK daily mail huh?......is the US lib media even following this?
What I want to know is what happened to the investigation into Hunter Biden taking bribes for the “big guy”? Oh that’s right, there IS no investigation
She has nothing so she is trying for self incrimination?
New York voters continually surprise with the total clown cadres they elect.
New York AG Letitia James
Reminds me of ……“That’s not how it works… that’s not how any of this works” lol.
Right, because a bank or mortgage company is going to loan money based on what YOU say something is worth. Ignorant, and New Yorkers actually voted for this idiot.
Having been in banking for years, I absolutely agree with you.
Good Show, Child.
“James is looking at whether the Trump Organization inflated the value of its assets in a bid to claim tax relief.”
Am I the only one confused?
I’ve said fo many years they would get trump for inflating his assets for loans….but these banks don’t take people words when they loan out millions
If this is illegal, then there is not a single home realtor/flipper that is not breaking the law!
They try to get their value appraisal as HIGH as possible!
All the while trying to get the local tax appraisal district to say the house is basically worthless!
It is all designed for them to make the MOST PROFIT and sell the low taxes to potential buyers!!
This is just more of the same fishing expedition!
last time i worked with a bank on property valuations, I said one number was the value and their independent appraiser said about 20-30% less. I sought a different appraisal and they went through the process again with the valuation coming out about .2% more than the previous valuation. Now, I’d be surprised to learn that commercial property has LESS due diligence since its value is usually tens or hundreds of times that of residential property. My guess is that the trump organization sought loans and supplied information on the value of the property and then the loan underwent underwriting and appraisal outside of what they (trump organization) to determine THE RISK to the bank in loaning the money. In a nutshell, even if you take politics out of this, i have a very difficult time believing that the trump organization did anything wrong since its THE BANKS JOB to protect themselves from RISK.
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