TRUMP FRAUD:...N.Y. Judge Rules He Did It...Trump Says He Didn't...

 

By EDUARDO PAZ-MARTINEZ

McALLEN, Texas | How much is your property worth when you submit that financial form for a bank loan? How much is the same property worth when you file your taxes?

Donald J. Trump has a problem with that.

The State of New York has him by the Cheetos in a major case alleging Big Time fraud. Trump routinely inflated values of his properties in business dealings and deflated them when filing his taxes. The graphic above is one example of how he over-valued properties that actually are not as valuable as he likes to believe.

Yesterday, a judge sided with New York.

This from cnn.com: [ A New York judge has found Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification, saying the Trumps provided false financial statements for roughly a decade.

Judge Arthur Engoron’s ruling came days before the civil case involving the New York attorney general’s office and the former president was set to go to trial.

Engoron granted Attorney General Letitia James’ motion for summary judgment, finding Trump, his sons, and others "to be liable as a matter of law for persistent violations" of New York state law. He found the financial statements the Trumps provided to lenders and insurers for about a decade to be false and said they repeatedly engaged in fraud.

The decision is a blow to Trump and a complete rejection of his arguments that he didn’t inflate the values of his golf courses, hotels, homes at Mar-a-Lago and Seven Springs on financial statements that were repeatedly used in business.

"Today, a judge ruled in our favor and found that Donald Trump and the Trump Organization engaged in years of financial fraud," James said in a statement Tuesday night. "We look forward to presenting the rest of our case at trial." ] 

Trump earlier had said that the people (banks) he was dealing with had all the information they needed to either approve or deny a loan. Trump explained he's always included a "disclaimer" saying the numbers could not necessarily be relied-upon.

Yeah.

Typical of the guy who's made a mockery of tax laws everywhere he's lived or done business in. But this case looks strong against him, it says here.

Still, Trump raged on social media that, again, he was being picked-on...

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