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Old guy, stop thinking emotionally


Old guy, stop thinking emotionally  

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Author: bladeslap   Date: 9/22/2022 1:41:10 PM  +4/-1   Show Orig. Msg (this window) Or  In New Window

Old guy,


If you're on the board, you must be sleeping ... and also having been on several boards, the day-to-day operations versus strategy are two completely different things, so nice try trying to pull the wool over my eyes.


If you really knew anything about Banking and Fraud (one of my cousins also sits on the board of a bank in NYC), you would know 


Appraisal fraud is a form of mortgage fraud, whereby the value of a home is deliberately appraised at an inflated amount, well above its fair market value (FMV). Appraisal fraud can occur when an appraiser is in on the scam, and dishonestly overstates the value of the property.


So, when Trump uses one of his proprerties appraised at 80 million ... then says it's worth 327 million the very next year


Lists it in year 1 as 10,900 square feet, then teh next year, lists it as 30,000 feet ...



That ... is ... Fraud ...


It's not like he increased the value 10% ... he quadrupled it .. 


His 2012 statement allegedly valued rent-stabilized apartments in the building as if they were unrestricted, leading to a nearly $50 million valuation for those units. An appraisal that properly accounted for those units’ status valued them at a total of just $750,000, according to the suit.


 


You think that's "Normal"?


I think you need to leave the BOD :) 


 
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Try to defend this .. just try +4/-1 bladeslap 9/22/2022 8:43:41 AM