Letitia loses, 500 mil judgement tossed in court

BREAKING!

Trumps 500 million judgement overturned.

WINNING!

they only tossed the fine- the conviction will stay. Likely will have to be re-sentenced. The court found that there was plenty to confirm the conviction of fraud and attempting to dissuade negative views from banks based on factual valuations- so while TRUMP escaped the 500 million, he's still gonna get zapped, but likely chump change from his meme coin collection at this point.

This will be known as the Kleptocracy Presidency.

they only tossed the fine- the conviction will stay. Likely will have to be re-sentenced. The court found that there was plenty to confirm the conviction of fraud and attempting to dissuade negative views from banks based on factual valuations- so while TRUMP escaped the 500 million, he's still gonna get zapped, but likely chump change from his meme coin collection at this point.

This will be known as the Kleptocracy Presidency. Originally Posted by eyecu2

The financial statements came with clear disclaimers stating they weren't audited, and the banks and insurers involved did their own due diligence, repaid the loans in full, and even testified they were satisfied with the deals. So, where was the fraud again?

By the way, this is the way businesses and banks have done business in NY for many decades. Trump did nothing wrong. Keep fishing.

The financial statements came with clear disclaimers stating they weren't audited, and the banks and insurers involved did their own due diligence, repaid the loans in full, and even testified they were satisfied with the deals. So, where was the fraud again?

By the way, this is the way businesses and banks have done business in NY for many decades. Trump did nothing wrong. Keep fishing. Originally Posted by orallvr69

Laughing at you! legal disclaimer- "nothing in this estimate is truthful or correct- read at your own peril". C'mon. When you submit financial documents there is a clause on all of them.

do you know what that is??

Declaration/affirmation
Sworn assertion: This is typically a statement preceding the signature, in which the applicant formally attests to the accuracy of the information provided.


Legal commitment: Both the signature and the declaration are considered legal commitments, meaning that providing false or misleading information can have serious consequences, including legal and financial penalties, according to the Barone Defense Firm and Bankrate. - source


In essence, when a borrower signs a loan application, they are making a formal and legally binding declaration that they have provided truthful information and agree to the terms and conditions outlined in the document

Tell me again how it's not against the law to lie on an application and I'll show you 1000 guys in jail for bank fraud for doing exactly that.

You REDHATS really will believe anything FOX news or Breitbart tells you!!!

BTW- Tish James is being pursued by the GOP led DOJ- for a mistatement on her mortgage application- I guess if she's up to date on the payments, you guys are ok with her getting off scott free too. Nothing to see here-

Same with Cook on the Fed Board.

You guys think only cause there is a disclaimer- you're safe. If pussy came with a disclaimer- would that make you immune from getting and Std or getting someone pregnant.


"shoulda read the fine print- mutherfucka".

The financial statements came with clear disclaimers stating they weren't audited, and the banks and insurers involved did their own due diligence, repaid the loans in full, and even testified they were satisfied with the deals. So, where was the fraud again?

By the way, this is the way businesses and banks have done business in NY for many decades. Trump did nothing wrong. Keep fishing. Originally Posted by orallvr69

Exactly, but the case will eventually be overturned as the prosecution was fraudulent and politically based.

https://www.foxnews.com/politics/ny-...mes-civil-case

You tell me, your ass wouldn't pucker if you were looking at a 500 million judgement against you?

Its a HUGE win.

You tell me, your ass wouldn't pucker if you were looking at a 500 million judgement against you?

Its a HUGE win.
Originally Posted by Devo

Not discounting that it's a win for Trump- but not a vindication per your OP. I pucker up when I get my electric bill. 500 MM is just stupid in the first place. I get that this has been politically motivated and yes, we did cheer for him losing. Because he's a hateful fuck.

BUT

a 500 Million dollar fine would impede ANY / EverY other person in the world- but not DJT. It just entrenched him to appeal, and I would have been surprised at any different outcome. I don't agree with that large of fine that it would have economically killed the guy- but he did bring this on himself. Had the prosecution been smart- they would have sought a fine that was significant enough to sting- and injure, but not to try to ruin the guy- which was a violation of his 8th amendment of unreasonable fines etc.

I would have preferred that they hit him with one that was 100 Million- plus a 10 yr cease order on any properties tied to him or his kids in the state- That would have been more appropriate. Plus it would have hurt his little ego worse than just a monetary fine.

truly it's not the fines that hurt him- it's the fact that he was found guilty. And a fine of zero dollars but you cannot do business in the city of NY would have been a bigger kick to the dick than the baloney that he got. That said- he should pay something for being a liar and manipulation of valuations.

Most ppl go to jail for being that kinda dumb.

Shocker. This is what happens when you make up crimes. Sooner or later someone sane, not driven by the ability to label someone a criminal for an election, will look at the case.

Shocker. This is what happens when you make up crimes. Sooner or later someone sane, not driven by the ability to label someone a criminal for an election, will look at the case. Originally Posted by Jacuzzme

They just said the fine was excessive- which it was. The majority ruling that the case still founded on fraud was valid. They didn't toss the whole thing...kicked the can is all.

Just saying.

Correct, eye. They tossed the penalty for being excessive. The ruling stands

Yeah that “ruling” is sharp as a butter knife.

Yeah that “ruling” is sharp as a butter knife. Originally Posted by Jacuzzme

Well I'm sure Trump will appeal via another parking lot attorney. "Is Alina Habba available to pick up the white courtesy phone?"

Hey Devo that picture you have of Trump with those girls are way too old, just saying

they only tossed the fine- the conviction will stay. Likely will have to be re-sentenced. The court found that there was plenty to confirm the conviction of fraud and attempting to dissuade negative views from banks based on factual valuations- so while TRUMP escaped the 500 million, he's still gonna get zapped, but likely chump change from his meme coin collection at this point.

This will be known as the Kleptocracy Presidency. Originally Posted by eyecu2

this is a civil judgement. not a conviction. there won't be any "re-sentencing" and this judge intentionally set the damages so high it would be overturned meaning he's a corrupt political hack and should be removed from his position as a judge.

This is Jonathan Turleys thoughts.

I have never met a sane Democrat that didn't disagree with him, same goes for sane Conservatives, and note I did not say Republicans, as the Evangelicals would likely disagree with Turley.

Judge who fined Trump $500M gets the books thrown at him

https://www.foxnews.com/opinion/judge-who-fined-trump-500-million-gets-books-thrown-him

"The close-up was not a good idea, and, on appeal, it was perfectly disastrous. The court found little legal or factual basis for his fine. The purported witnesses not only did not lose a dime, but they testified that they made money on the loans and wanted new loans with the Trump administration. That did not move Engoron. From the start, he was speaking to those "wonderful people out there."