Trump tax or loan fraud?

[Eclipze]

Why did you guess it was legal?

[Excast]

I mean, we’re talking about a guy who is so sleazy and morally bankrupt that he is now banned from operating a charity in New York due to extensive abuse.

The Republican Party are just the latest in a long line of marks.

[Smyrna]

@Eclipze

Why did you guess it was legal?

If there is a legitimate source that places their professional reputation on the line stating that this is the value, then I’m guessing, it’s legal. Showing the lowest professional opinion to one source to accomplish one purpose and showing the highest professional opinion to another source, to accomplish your goal with them…I would have thought was perfectly legal?

[Apocalypto]

This is fraud.
If this was Joe Biden it would be the end of his campaign. For fat donald, it is simply a Wednesday.

For example, the Trump Organization told a lender that 40 Wall Street had been 58.9 percent leased on Dec. 31, 2012, before vaulting to 95 percent a few years later, which reportedly represented borrower-friendly “leasing momentum.” But the company reportedly disclosed that the building was 81 percent rented as of Jan. 5, 2013 to tax officials.

Ultimately, the reporting strategy helped Trump reach favorable terms — he received a 10-year loan with a lower interest than the building previous had and was also able to defer paying off much of the prinicipal until the end of the loan.

[Jezcoe]

@Smyrna

@Eclipze

Why did you guess it was legal?

If there is a legitimate source that places their professional reputation on the line stating that this is the value, then I’m guessing, it’s legal. Showing the lowest professional opinion to one source to accomplish one purpose and showing the highest professional opinion to another source, to accomplish your goal with them…I would have thought was perfectly legal?

It’s not.

It’s fraud

[Jezcoe]

Any one think that this is the only thing wrong with his business dealings?

Any one think that it stops here?

[Apocalypto]

People go to jail for way lesser crimes.

[calirepub]

Even if it’s illegal, Donald Trump cannot be blamed. Surely it was the job of his lawyer to ensure everything Trump does its legal. How is the average person even supposed to know all the laws? That’s what lawyers are paid to do. If anyone belongs in jail it’s Donald Trump’s lawyer.

[Smyrna]

@Apocalypto

For example, the Trump Organization told a lender that 40 Wall Street had been 58.9 percent leased on Dec. 31, 2012, before vaulting to 95 percent a few years later, which reportedly represented borrower-friendly “leasing momentum.” But the company reportedly disclosed that the building was 81 percent rented as of Jan. 5, 2013 to tax officials.

How does one gain in this by reporting to “tax official” that the building is 81% rented 6 days after you reported to Wall Street that it was 58.9% rented. It would appear to me that Trump has hurt himself…not helped?

[DOLOOP]

@calirepub

The real story here should be how did Propublica get those documents! Even if Donald Trump committed tax or loan fraud, that’s really nobody’s business but his own. Unless we’re willing to prosecute known criminals, like Hillary Clinton, then I don’t want to hear anything about how we have evidence that Donald Trump is committing crimes. Whoever leaked these documents could be prosecuted for treason. Presidential Harassment!

Yeah. Besides, how is Trump fraudelently getting lower taxes by deflating lying on his financial records and fraudulently getting loans or lower interest rates by inflating lying on his financial records any different than Elizabeth Warren planning to pay off student loans?

[DOLOOP]

@highroller

If this information is correct, the documents could be a case for tax evasion. Unless he can show he defrauded the lender, which could also be illegal.

He did both.

[SixFoot]

Uh oh, Trump’s gonna get escorted out of the White House in cuffs now! lol

[DOLOOP]

@SixFoot

Uh oh, Trump’s gonna get escorted out of the White House in cuffs now! lol

That’s the spirit!

Needs more Orange Man Bad, though.

[SixFoot]

This thread is more red in the face than orange. lol

[sikofit]

@Smyrna

I wouldn’t guess it’s illegal though?

Then you obviously have no idea about the actual laws that deal with this

[freemind]

@calirepub

Even if Donald Trump committed tax or loan fraud, that’s really nobody’s business but his own.

No.

(“But Hillary” isn’t a defense to criminal behavior.)

[sikofit]

@Smyrna

@Eclipze

Why did you guess it was legal?

If there is a legitimate source that places their professional reputation on the line stating that this is the value, then I’m guessing, it’s legal. Showing the lowest professional opinion to one source to accomplish one purpose and showing the highest professional opinion to another source, to accomplish your goal with them…I would have thought was perfectly legal?

Looks like I was right

[highroller]

It could also be timing differences, though, too. Accrual accounting vs tax accounting.

[LucyLou]

@Smyrna

If what Trump did was illegal, those hurt can take him to court and I would hope they do. Illegal activity should be prosecuted…period…and it doesn’t matter who you are.

I wouldn’t guess it’s illegal though? There’s often a difference of opinions on values. At any auction, the last person with their hand in the air, gets the item. All those who put their hands back down after the price hit a certain point, say the buyer is wrong. Whose opinion is right or wrong and yet, they can vary greatly?

I love this so much! Moo moo!

[sikofit]

@LucyLou

I love this so much! Moo moo!

Its crazy some of the stuff believed while simultaneously calling out others for being sheeple