Quote (thesnipa @ Mar 18 2024 11:17am)
as someone who detests trump politically this whole situation is pathetic. guy "overvalues" his properties, secures loans, pays back loans, and bank does their due diligence on the collateral and approves the loans. then the state fines him 300 million dollars with another 150 million or so to boot.
he would have had to pay the banks 100m++ in interest if he would have told the truth about his assets instead of over-valuing them. it turns out that that practice is illegal and its called fraud, who knew?