this post was submitted on 07 Nov 2023
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Donald Trump got caught red-handed during his $250 million New York bank fraud trial on Monday when lawyers for the New York attorney general’s office revealed Trump had long ago signed financial documents with the clear intent that they would be used to curry favor with banks.

After being shown a loan agreement he had signed with Deutsche Bank in 2012, Trump agreed that his faulty financial statements were intended to induce banks to lend money.

While it might not sound like much, the admission is key to the New York attorney general’s case, which hopes to prove that Trump deceived banks and insurers by massively overvaluing his net worth. Trump essentially admitted on the stand that these financial documents were produced with the express intent to induce lending. The Trump Organization was likely able to secure loans at far lower interest rates due to all the overinflated valuations.

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[–] [email protected] 2 points 1 year ago (11 children)

@RojoSanIchiban @Rusticus

Jail...for Donnie Two-Scoops?

Nah, it'll be more fines and bullshit.

You can tell by the way the courts just let him continue to FUCKING THREATEN court staff.

This is a great dream you have there, but let's not pretend it'll happen in the world we live in.

[–] RojoSanIchiban -2 points 1 year ago* (last edited 1 year ago) (9 children)

You don't know what you're talking about, which was the point of my comment to begin with.

You're simply ignorant of the system and making assumptions based on emotion. You need to absorb actual information on the proceedings from reputable news sources. I can suggest a number of lawyers who moonlight with podcasts if you'd like.

[–] [email protected] -2 points 1 year ago* (last edited 1 year ago) (5 children)

@RojoSanIchiban

Remindme! 12 months.

While I would love to be wrong, I'll prep the "I told you so".

As far as assumptions go, I base them on 77 YEARS of no penalty for a life of crime or do you want to argue that simple fact?

You? You enjoy your dream.

[–] Lifecoach5000 1 points 3 weeks ago

Well my reminder bot just posted and here we are now…

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