Off-Topic: An Actual Example Of Trump Fraud
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Name:
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phil
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Subject:
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An Actual Example Of Trump Fraud
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Date:
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10/3/2023 8:57:13 AM (updated 10/3/2023 9:01:28 AM)
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"The bank certainly could not visit each of the buildings he listed in his assets statementbut and would accept his statement as true since he signed it. Because of his inflated assets, he would get a lower interest rate and more favorable repayment terms. No different than the IRS accepting your tax return because you signed it as true." -GFY
So the bank failed to do their job because he owns lots of stuff and there is no way they could ever determine value of property/company in an area without actually visiting a property and thats his fault when there is a statement that says these are our numbers - get your own numbers to verify what we say, its funny never seen a box on loan/credit application that wants to know square footage just wants to know its $ value. All the bank cares about is will it get paid back ( it did ) or if there is default what can we take that will make up for the loss ( there was none )
"No different then the IRS just accepting your return" - funny I left something off and the IRS rejected it a few years ago, and quickly. And on another issue still trying to get the IRS to admit a mistake on another where they listed taxes paid as rental income and charged me an extra $2000 - paid it after threats of them going after my house and have been working with my tax person for years to get it fixed and dont hold much hope. So in both cases they did not accept it just because it was signed.
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