Judge rules Donald Trump defrauded banks, insurers while building real estate empire

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20 thoughts on “Judge rules Donald Trump defrauded banks, insurers while building real estate empire

  1. IBJ: We look to your balanced reporting expertise for Indiana and Indianapolis. Your products reflect our communities. It’s a big job to cover this incredible state and there is plenty of news in this city/state to fill your pages. Why must you feel compelled to include a report of national, clearly over politicized character assassination, when every other rag in the country is doing the same thing. C’mon…

    1. Nobody is doing this to Trump. He did this to himself with lots of help. It is extremely relevant for the Indiana Business Journal to cover an AP story about a man who based his entire image on being a successful businessman and riding the fraud train to the heights of American success. I’m sure it’s painful for his fans, but the emperor has no clothes.

    2. Read the Indianapolis Star if you want strictly local news. The IBJ is also merely posting a story written by the AP. Your other comments are clearly your personal (twisted and ill-informed) opinion – many people don’t think TFG having a ruling stipulating he’s committed obvious fraud to be character assassination. (It’s also an interesting phrase to use given TFG just suggested such treatment to Milley!)

    3. Some of us are old enough to remember when the eager foot soldiers in the Tangerine Traitor’s snowflake brigade were on the “character matters” lecture circuit. What a joke

    1. Perhaps they *did* do their DD but Trump’s team devised opaque reports that didn’t make it clear they were fraudulent. Also, the only people harmed even if the banks and insurance companies were negligent in their DD would be their shareholders, and that is only if there were a loss.

      Even if the banks played along a bit, that is no excuse for TFG to commit fraud, right?

      (I’m curious why the ad hominem attack [Google it] on the AG – oh wait, maybe it’s because you don’t have a legit argument to make – and the AG is a woman AND black – seems that’s your favorite politician’s usual comeback to women he doesn’t like.)

  2. Valuation determinations are questions of fact. How does a judge – ruling strictly on questions of law- determine that valuations are overstated and this fraud exists?

    1. Evidence was overwhelming? Why is the government determining value for a transaction between private parties? Are they going to go through all the banks and insurers transactions or just those of people they don’t like? It’s a civil case not criminal, apparently they didn’t really do anything wrong

    2. If judges ruled strictly on questions of law in a civil trial court in cases without juries, of which there are many, there wouldn’t ever be a decision. You’re thinking of appeals court rulings.

  3. The banks didn’t complain nor did insurance companies and neither were hurt. Does anyone think a bank blindly takes a valuation from a client? If you tell insurance a larger value you get charged more. Why is this even a valid case? And civil not criminal?

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