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De Omnibus Dubitandum - Lux Veritas

Thursday, August 18, 2022

The absurdity of the NY AG’s investigation of Trump’s valuations of his properties

August 11, 2022 By Jack Hellner

The NY AG, Federal Justice Department and other Democrats have been targeting Trump in search of a crime. The NY AG is accusing Trump of inflating his net worth and value of properties. If everyone who thought that they and their net worth and properties were worth more than they are were guilty of fraud, the Jails would be very crowded. If Trump committed fraud the banks would have destroyed him.  Banks don’t just take the word of someone who comes in for a loan. They are required to get financial statements, tax returns, and appraisals before they make loans of all sizes, let alone the amounts the Trump Organization borrowed.

I was a financial regulator for three years and have been a CPA for a group of banks for over 28 years. The regulators would destroy us if we made loans based on the word of borrowers instead of deep analysis.  Now the media and other Democrats will accuse Trump of being guilty because he pleaded the Fifth, as is his right.  He is correct to do that since the Grand jury would probably have no expertise in financial and tax matters. ..............The absurdity of the NY AG’s investigation of Trump’s valuations of his properties ..

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