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Msg ID: 2724220 Trump getting sued for Fraud...Again +2/-0     
Author:bladeslap
3/25/2022 6:47:47 PM

You just can't make this s** up


 



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Msg ID: 2724225 You just did make that up! (NT) +0/-2     
Author:Old Guy
3/25/2022 7:12:56 PM

Reply to: 2724220


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Msg ID: 2724268 Oh Really? Too bad to be true eh? +2/-0     
Author:bladeslap
3/26/2022 3:51:22 AM

Reply to: 2724225

Trump And Kids Agree To Sit For Depositions In Yet Another Fraud Case (yahoo.com)

Trump And Kids Agree To Sit For Depositions In Yet Another Fraud Case

iv>
Sat, 26 March 2022, 12:18 am·2-min read
 
Trump And Kids Agree To Sit For Depositions In Yet Another Fraud Case
In this article:
 
Former President Donald Trump and his three eldest children have agreed to sit for depositions concerning a class-action civil case accusing the Trumps of fraud for pushing investors on a money-losing marketing company that sold desktop video phones.

Trump’s lawyers have said in the past that his hype of the operation was “puffery” that “no reasonable investor” would have relied on. He has also claimed that the lawsuit is politically motivated.

Trump agreed to a deposition date of June 16 after negotiations with lawyers for four investors who claim he duped them into paying thousands of dollars to become independent sellers with ACN Opportunity LLC, according to a filing Friday in Manhattan federal court, Bloomberg reported. Trump failed in 2018 to get the case dismissed.

 

Trump touted ACN’s video phones on his reality show “The Celebrity Apprentice.” He also pitched the operation as an “easy” way to make money in promotional videos. Trump was reportedly paid almost $9 million by ACN from 2005 to 2015.

ACN recruits paid hundreds of dollars to join and then hundreds more to attend seminars and national conventions in order to sell the product.

Donald Trump Jr. and Eric Trump will have to answer questions under oath in their depositions in May. A date for Ivanka Trump’s deposition hasn’t been scheduled, according to the filing.

It’s hardly the first time Trump — and his adult children — have been accused of fraud. Trump paid $25 million in 2017 to settle a class-action suit over Trump University, which wasn’t a university.

In 2019, Trump paid a court-ordered $2 million in damages for dipping into the Trump Foundation charity to use donations for himself or his business. The foundation was shut down and his three oldest children were required to undergo mandatory training to “ensure this type of illegal activity never takes place again,” said a statement from New York Attorney General Letitia James.

Tenants who lived in rent-regulated Trump-owned apartments filed an amended class-action complaint this month accusing the former president and a number of relatives of fraud and racketeering, alleging a scheme to hike tenants’ rents by charging inflated prices for major appliances.

Donald Trump Jr. and Ivanka Trump were also accused of deliberately kiting the value of condos at Trump Soho to potential buyers. A criminal investigation into that was dropped in 2011 when the Trumps agreed to refund 90% of deposits, The Guardian reported.



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Msg ID: 2724269 "Yet ANOTHER Fraud Case" +2/-0     
Author:bladeslap
3/26/2022 3:56:24 AM

Reply to: 2724268

Yes, he is being charged with Fraud in a class action suit ONCE AGAIN.

Are you surprised?

He had to pay over 20 million for FRAUD in Trump University

He had to dissolve his "Charity" because of FRAUD

Then, we have the latest ... Prosecutor resigned in "disgust" ... 

Ex-prosecutor says Donald Trump is 'guilty of numerous felony violations'

 

Attorney Mark Pomerantz is shown leaving court in New York on Sept. 8, 2004.

Mary Altaffer/AP

NEW YORK — A prosecutor who had been leading a criminal investigation into Donald Trump before quitting last month said in his resignation letter that he believes the former president is "guilty of numerous felony violations" and he disagreed with the Manhattan district attorney's decision not to seek an indictment.

In the letter, published Wednesday by The New York Times, Mark Pomerantz told District Attorney Alvin Bragg there was "evidence sufficient to establish Mr. Trump's guilt beyond a reasonable doubt" of allegations he falsified financial statements to secure loans and burnish his image as a wealthy businessman.

"The team that has been investigating Mr. Trump harbors no doubt about whether he committed crimes — he did," Pomerantz wrote.

Pomerantz and his former co-leader on the Trump probe, Carey Dunne, resigned on Feb. 23 after clashing with Bragg over the future of the case.

Both were top deputies tasked with running the investigation on a day-to-day basis. Both started on the probe under former District Attorney Cyrus Vance Jr., and Bragg asked them to stay when he took office in January. Both Vance and Bragg are Democrats.

In his resignation letter, Pomerantz wrote that Vance had directed his deputies to present evidence to a grand jury and seek an indictment of Trump and other defendants "as soon as reasonably possible." No former president has ever been charged with a crime.

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"I believe that your decision not to prosecute Donald Trump now, and on the existing record, is misguided and completely contrary to the public interest," Pomerantz wrote.

Danielle Filson, a spokesperson for Bragg, said in a statement Wednesday night that the investigation into Trump is continuing and that a "team of experienced prosecutors is working every day to follow the facts and the law. There is nothing we can or should say at this juncture about an ongoing investigation."

A message seeking comment was left with Trump's lawyer.

Trump has called the investigation a politically motivated "witch hunt."

The Associated Press requested copies of Pomerantz and Dunne's resignation letters under New York's open records law, but the district attorney's office rejected the request Feb. 25.

In its rejection, the office said: "The criminal matter both individuals were assigned remains pending; as such, the public release of the letters which reflect internal deliberations and opinions about an on-going investigation will likely interfere with that investigation."

The Manhattan district attorney's office started investigating Trump in 2019, first examining hush-money payments paid to women on his behalf and then expanding into an inquiry into whether the president's company misled lenders or tax authorities about the value of its properties.

So far, the three-year investigation has resulted only in tax fraud charges against Trump's company, the Trump Organization, and its longtime finance chief Allen Weisselberg relating to lucrative fringe benefits such as rent, car payments and school tuition.

Pomerantz, a former mafia prosecutor, was brought out of private practice by Vance to add his expertise in white collar investigations to the Trump probe. Dunne argued before the U.S. Supreme Court in a successful, multiyear fight for Trump's tax records.

After taking office in January, Bragg said he was proud of the continuity that Dunne and Pomerantz had brought in running the high-profile investigation as he took over the D.A.'s office from Vance, who retired after a dozen years in office.

Also in January, New York Attorney General Letitia James claimed in court filings in a parallel civil investigation that her office had uncovered evidence the Trump Organization used "fraudulent or misleading" valuations of assets to get loans and tax benefits.

Trump has given his Statement of Financial Condition — a yearly snapshot of his holdings — to banks to secure hundreds of millions of dollars worth of loans on properties such as a Wall Street office building and a Florida golf course, and to financial magazines to justify his place among the world's billionaires.

His lawyers have argued that the statements were accurate, and that any attempts to spin disagreements about the value of real estate into a crime were politically motivated.

Some legal experts had said that Manhattan prosecutors faced a potential hurdle in proving that Trump or his company intentionally falsified financial statements.

In his resignation letter, Pomerantz wrote that Trump should be prosecuted "without any further delay," noting that much of the evidence related to before Trump was president, that the investigation had already been prolonged by the tax return battle and other fights.

Waiting to see if more damning evidence could be found would likely be unfruitful, he wrote, and would only "raise additional questions about the failure to hold Mr. Trump accountable for his criminal conduct."

"No case is perfect. Whatever the risks of bringing the case may be, I am convinced that a failure to prosecute will pose much greater risks in terms of public confidence in the fair administration of justice," Pomerantz wrote.



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Msg ID: 2724277 ' You just did make that up!' okay, ignore the FACT that Trmp embezzled +1/-0     
Author:TheCrow
3/26/2022 9:48:40 AM

Reply to: 2724225

' You just did make that up!' okay, ignore the FACT that Trmp embezzled from his own chartable foundation.

Tell us why Trump's various statements this apartment were not bank fraud.

 

SPEED READS
SIZE MATTERS

Trump told banks his 11,000-square-foot Trump Tower triplex was triple that size, New York AG says

PETER WEBER
JANUARY 19, 2022
Letitia James

New York Attorney General Letitia James took legal action Tuesday night to compel former President Donald Trump and two of his children, Donald Jr. and Ivanka, to appear for sworn testimony as part of her office's ongoing civil investigation of the Trump Organization's financial dealings. James had subpoenaed Trump in December and Don Jr. and Ivanka earlier in January, and Tuesday's motion was in opposition to attempts by the Trumps to quash those subpoenas.

"Thus far in our investigation, we have uncovered significant evidence that suggests Donald J. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit," James said in a statement. "The Trumps must comply with our lawful subpoenas for documents and testimony because no one in this country can pick and choose if and how the law applies to them."

The office of the attorney general's (OAG) new filings includes several news fraud allegations, including that Ivanka Trump held an option to purchase an apartment in the wildly overvalued Trump Park Avenue building for $8.5 million, though Trump's financial statements valued it as high as $25 million.

And Trump claimed on multiple financial statements that his gilded Trump Tower triplex, assessed at $127 million, was valued at $327 million, "based on the apartment having 30,000 square feet of space multiplied by a certain price per square foot," the attorney general's office said. "However, the actual size of Mr. Trump's triplex apartment was 10,996 square feet, and documents confirming that fact were signed by Mr. Trump himself in 2012," the report states. "In testimony to OAG, Trump Organization CFO Allen Weisselberg admitted that the value of Mr. Trump's apartment was overstated by 'give or take' $200 million."

"As the papers filed today make clear," each of the three Trumps "was directly involved in one or more transactions under review," James' press release says. "While OAG has not yet reached a final decision regarding whether this evidence merits legal action, the grounds for pursuing the investigation are self-evident."

The chances that James eventually pursues legal action are "pretty high," a source familiar with the investigation tells Rolling Stone. "The key thing here is this new information demonstrates that Trump and his family are personally implicated in this fraud." Trump and his lawyers have previously called the attorney general's investigation politically motivated persecution



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