Tristan SnellImagine having a house worth $300k but telling a bank it was worth over 2800% more — over $8.5 million — to trick the bank into giving you cash.
That’s what Donald Trump did in fraudulently overvaluing Mar-a-Lago.
Joseph Sabol@tristansnell
To make it clear, T defrauded the local taxation district by a huge amount, resulting in higher property tax for everyone else.
#classaction
To make it clear, T defrauded the local taxation district by a huge amount, resulting in higher property tax for everyone else.
#classaction
Eddie the Bulldog@tristansnell and not paying taxes on the value you gave the bank! It’s a double con.
Lydia T. Pott@tristansnell
The banks should sue him for the interest he cheated them out of.
The banks should sue him for the interest he cheated them out of.
Stuart Celarier ❌👑@tristansnell If you want to know what Mar-a-lago is worth, find out how much it is insured for.
Unprecedented 2023
Artemesia> to trick the bank into giving you cash.
Imagine being the dumbass at the bank who "fell" for it, for the sake of the commission and bonus, which is proportional to the size of deal. Imagine being the executive management team who set up the system of perverse incentives.