It is fraud when the value given in loan applications is falsely high and for taxes is falsely low. These are not a few percentage points of inaccuracies but huge discrepancies that were known to be false. This has already been decided by the court and is water under the bridge, the case that closed today is just determining how much penalty he will pay and wether the fraud was egregious enough to cause him to lose the privilege of doing business in the state of New York. The victims of the fraud are the taxpayers and businesses in New York who play by the rules.

It is fraud when the value given in loan applications is falsely high and for taxes is falsely low. These are not a few percentage points of inaccuracies but huge discrepancies that were known to be false. This has already been decided by the court and is water under the bridge, the case that closed today is just determining how much penalty he will pay and wether the fraud was egregious enough to cause him to lose the privilege of doing business in the state of New York. The victims of the fraud are the taxpayers and businesses in New York who play by the rules.

IMO
I find it hard to understand the governments position. They say he defrauded banks by over valuing his properties and net worth. But the banks aren't complaining. Huh. They gave him loans based on what they evaluated his net worth to be after getting his opinion, his companies abilities to finish the job and pay back the banks, and how they evaluated Trump in getting the job done on time and paying back the banks on time. He did and they also evaluated this factor in their evaluations of their loans to him and his companies.

Many of us have bought homes and cars. The seller puts out a price. (Possibly over valuating). But if someone walks in and pays that price, was it over valuating? The buyer valued it as that much and maybe more, and bought it. If the buyer offers a lower price, that is the opening of negotiations. Maybe he can get it for less and some extra concessions.

That is all Trump was doing in valuating his net worth on the high end and hoping for an agreement from the banks as to that valuation. They analyzed all the data Trump provided and then investigated his net worth themselves. They they evaluated Donald Trump and his reputation to pay back the loans on time. Trump had a record of finishing projects for less money and before deadlines. They trusted this and added it to their evaluations and gave him the loans. They say their was no fraud.

Who the hell is this dam democrat Judge and democrat DA, with no experience in borrowing money to build hotels, etc, to say there was fraud, and even prejudge the trail before it even started. It is all based on hatred and politics, plain and simple. They should both loose their jobs over this injustice and she should be investigated for funneling money to her F buddy.

Logically Right