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Jon Stewart benefited by 829% ‘overvalue’ of his NYC home even as he labels Trump’s civil case ‘not victimless’

Taylor said:
Ok, you apparently did not follow the Engoron case. Moving on...
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Please point to where Trump actually sold a property for one of his valuations. That's the key difference here (and if you can point that out, then there is no longer a valid fraud case).
 
lwf said:
It's fraud to misrepresent your property value in writing to a bank to secure a loan for more than your property is worth. It's not fraud to sell your home to a buyer who is willing to pay above market value for it.
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Do you believe that the tax-assessed value of your home is what it is worth on the market? If so, I'd love to buy your home when you're ready to sell.
 
Napoleon said:
The representation originates with Stewart. And the beneficiary of the false representation is Stewart.
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If the buyer is the one requesting the loan, then it is the buyer's responsibility to submit an accurate appraisal to the bank. John Stewart isn't the one requesting the mortgage.
 
lwf said:
It's fraud to misrepresent your property value in writing to a bank to secure a loan for more than your property is worth. It's not fraud to sell your home to a buyer who is willing to pay above market value for it.
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According to Judge Engoron and AG James it is fraud to profit from a representation of property value in excess of tax appraised value. Trump cited what he believed the market value to be in his representations to the bank. According to them, that’s a crime.
 
Airyaman said:
No one who is not a MAGAn will fall for this bullshit. If you sell property for more than it appraises for, there is absolutely nothing illegal, immoral, or unethical about it. Sure if you try to finance the purchase of a property you will likely have a hard time getting a loan, but that's about it.

This is apples to watermelons. Sorry you got duped.
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No one who is a homeowner will believe any of the bullshit you just said.

Most regular folk have to fight appraisals of their home value because they could never sell it for the appraised value. And a rich celeb is getting appraised at 18 times less than what they could sell it for… 🤔

If you don’t think that something illegal is going on with that you are a damn fool
 
Slartibartfast said:
Please point to where Trump actually sold a property for one of his valuations. That's the key difference here (and if you can point that out, then there is no longer a valid fraud case).
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It's an irrelevant difference.
 
Taylor said:
Do you believe that the tax-assessed value of your home is what it is worth on the market? If so, I'd love to buy your home when you're ready to sell.
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No.
 
Napoleon said:
“Fraud” has a loose meaning these days. Is it “fraud” to represent that a property is worth far in excess of its appraised value while only paying taxes on the lower appraised amount? If so, Stewart is just as guilty.
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Except that is not what Trump did.
 
Napoleon said:
According to Judge Engoron and AG James it is fraud to profit from a representation of property value in excess of tax appraised value. Trump cited what he believed the market value to be in his representations to the bank. According to them, that’s a crime.
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The problem is, the bank doesn't just take your word for it. They require you to back up your claims for the market value of your property. When Trump backed up his claims, he lied. That is fraud.
 
Napoleon said:
According to you folks it is. At the core, Trump and Stewart did the same thing. They represented to third parties that the value of their property is far in excess of the appraised value they were paying taxes on and they “profited” from those representations.
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No they didn't do the same by a long shot. Stewart did not misreprent the attributes of his property to fraudulently evaluate it. Do you folk try to look obtuse or is it a fair representation of your comprehension of facts?
 
Napoleon said:
The bank actually paid that price to Trump in the form of a loan. What’s the difference?
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Trump misrepresented the value of his property to the bank. Stewart didn't misrepresent the value of his property to his buyer.
 
The New York governor already assured all the other developers and wealthy New Yorkers that they had nothing to fear...that this was ONLY about getting Trump...and that they wouldnt have to worry about being scrutinized.

Which will absolutely make Trumps case on appeal...and at the same time is also bullshit because if they used it against one political opponent, they will damn sure do it again.
 
Integrityrespec said:
Shouldn't he be on trial? Lock him up!!!
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Lmao, no. Stewart broke no law. This is just more fake outrage from the far right based on (at best) misunderstandings and (at worst) dishonest whataboutisms. I predict you guys will move on to a new shiny object within a week or two.
 
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Napoleon said:
The bank actually paid that price to Trump in the form of a loan. What’s the difference?
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Trump lied about the size and zoning amongst other things then based the evaluations on those fraudulent representations
S. Big difference.....too bad you can't seem to figure out the most basic elements.
 
Callen said:
No they didn't do the same by a long shot. Stewart did not misreprent the attributes of his property to fraudulently evaluate it. Do you folk try to look obtuse or is it a fair representation of your comprehension of facts?
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Judge Engoron and AG James judgement in the Trump case is that the fraud is manifest by representing property value as higher than tax appraised value. Stewart’s tax appraised value was only around $800K. So, according to the reasoning of said judge and AG, he committed fraud by representing the property as being worth more than that.
 
Napoleon said:
According to Judge Engoron and AG James it is fraud to profit from a representation of property value in excess of tax appraised value.
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Provide the quote and link.
 
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Napoleon said:
Judge Engoron and AG James judgement in the Trump case is that the fraud is manifest by representing property value as higher than tax appraised value. Stewart’s tax appraised value was only around $800K. So, according to the reasoning of said judge and AG, he committed fraud by representing the property as being worth more than that.
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Source?
 
daeler said:
Did you not understand what Trump went to court for? Or do you just not have any clue what the difference is between a loan using a property as collateral and selling a property?

I can give you some examples if you need it.
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Of COURSE we understand what Trump went to court for. A rat DA campaigned on a promise to 'get Trump' and was elected by a bunch of mindless rat retards that support her use of fabricated charges to target a political opponent.

Its repeating in other rat districts. The idiot left loves to pee themselves and shriek NAZI! and FASCIST! while at the same time they also LOOOOVE their rat party using tactics that would make fascist dictators throughout history proud.
 
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