dot wrote: ↑Tue Nov 07, 2023 9:53 pm
Animal wrote: ↑Tue Nov 07, 2023 9:29 pm
look, dumbass. just show me one fucking article or news report or AG document or court filing or anything related to this $250 million case that Trump is in right now that says that the State of New York is suing Trump for property taxes. You have said it does, so show something that backs it up.
You know the best thing about arguing with you? It's knowing you didn't do a bit of the homework necessary to argue for what your gut is telling you.
https://en.wikipedia.org/wiki/New_York_ ... ganization
Timeline, synopsis, notes with news reports on the events as they go down the list. You once again do not have to believe me, just go look it up yourself. Then ask yourself why you think you are so right on what fraud is and they are so wrong. Bear in mind, he's damn near confessing to his crimes while trying to word salad his way out of them. But go ahead, trust your gut.
Thank you for finally proving me right. There is no mention of taxes. No charges related to taxes. The state of New York is not suing for taxes. I am going to cut and paste the ENTIRE excerpt from your post that relates to "The Charges". Please, find the word TAX even one time in the entire transcript.
what a dipshit.
Charges
New York v. Trump, et al.
Court Supreme Court of the State of New York
Full case name
Case name
Started October 2, 2023
Citation(s) 452564/2022
Court membership
Judge(s) sitting Arthur F. Engoron
Trump Tower (Manhattan), cited in the AG's lawsuit for alleged financial misreporting
At a September 21, 2022, press conference, James announced a lawsuit against Trump, his three oldest children, and the organization for fraud and other forms of misrepresentation, citing over 200 alleged instances and asserting that Trump "wildly exaggerated his net worth by billions of dollars".[126][127] James cited New York Executive Law § 63(12) as lending her "broad and special powers".[39] The suit asserts that between 2011 and 2021 Donald Trump and the organization made over 200 "false and misleading valuations of assets on his annual Statements of Financial Condition to defraud financial institutions"[128] and, amongst other charges, that he used low valuations to avoid paying between $85 and $150 million in interest charges on loans from Deutsche Bank.[129] The suit seeks about $250 million in damages, the instatement of a five-year ban on the company conducting real-estate transactions in the state and a permanent bar against Trump and his three oldest children from officiating or directing any business or corporation in New York state. Additionally, James cited evidence of potential criminal insurance and bank fraud,[130] for which she referred the case to federal criminal prosecutors in Manhattan and the IRS.[126][131]
Besides the inflated values of Trump Tower—as well as its square footage—and 40 Wall Street, James's lawsuit alleges that in his financial statements, Trump inflated the value of Mar-a-Lago by perhaps ten times (with his value based on potentially developing the property for residential use, which is prevented by the deed).[130] Trump also omitted restrictions regarding his 30% share in 1290 Avenue of the Americas (which probably prevent him from selling it for decades) and portrayed his interests as cash, while overstating the building's overall value by $1.5 billion.[132] According to the suit, the organization valued Trump Park Avenue at $350 million, while a 2010 valuation found it to be worth $72.5 million. Twelve rent-stabilized apartments in that building were appraised by a bank at a total of $750,000, but claimed by the organization to be worth as much as $50 million. Further, Trump purportedly multiplied the value of 4–8 East 57th Street by a fixed percentage to inflate its valuation to $422 million, while neglecting to mention that his rent to the property owner was significantly increasing.[132] The suit also asserts that, while renewing the company's coverage with Zurich Insurance Group, Weisselberg falsely claimed that the organization's assets had been reviewed by an independent appraiser.[133]
Speaking with Fox News host Sean Hannity on the day the lawsuit was filed, Trump asserted that the disclaimers provided by Mazars on its financial statements for the organization absolve him of fraud because they admit the valuations "may be way off".[134][j][k] On October 13, 2022, as neither Donald nor Eric Trump had yet accepted service of the lawsuit,[137] the OAG asked Judge Engoron for permission to electronically deliver the lawsuit to them, which he granted; the AG emailed links to relevant documents the same day.[138]
Further, the OAG revealed that on the day the lawsuit was filed, the organization registered a Delaware-based limited liability company (LLC) called Trump Organization II with New York's secretary of state.[139] The OAG accused the organization of continuing to engage in fraud after the suit was filed and possibly beginning to restructure its business,[140] and asked Engoron to order Trump to sufficiently disclose valuation methods to an independent monitor when dealing with lenders or insurers. Additionally, the OAG requested a trial date for a year in the future. In response to the filing, Habba stated: "We have repeatedly provided assurance, in writing, that the Trump Organization has no intention of doing anything improper."[139][128] On October 25, 2022, an administrative judge refused to have the case reassigned to another judge.[141] On October 26, the organization requested a dismissal of James's request for an independent monitor, with Habba labeling it an attempt at nationalization.[142][l]