Trump administration refers NY AG Letitia James for possible prosecution over allegations of mortgag

The lender is going to do that to protect their financial interests, but that doesn't mean this is solely an issue between the borrower and lender. If the the lender caught this at the time it happened, they would have filed a suspicious activity report with FinCEN for providing false information. Maybe they even did which made this easier to find. Now how often something like this actually gets prosecuted....I have no idea. Probably not very often unless egregious or serial behavior.

 

My opinion NONE of the above would trigger a SAR. Those are usually reserved for patterns or trends and rarely a one off. Someone putting down 4 instead of 5 wouldn’t trigger. The lender would simply ask to confirm. Now if the alleged did it multiple times then sure. But nothing stated about Trump or LG would trigger a SAR.

 

Except Trump

 

yes she was. Same thing happened to the Baltimore State Attorney

 

So you don't think submitting two documents at the same time to two different entities with wildly different valuations is evidence of intent? Wouldn't the fact that you were concurrently claiming that a property was worth two substantially different values also he a textbook example of fraud, as you were clearly lying to one of the entities to gain an advantage (if the lie was to the bank, it is mortgage fraud, if it was to the state, it is tax fraud). Also, if wrongly classifying a property as residential when it is commercial is "textbook mortgage fraud," then didn't Trump commit textbook mortgage fraud by declaring Mar-a-Lago as a residential property when it wasn't?

 

She isn't the NYC DA. She is the New York State AG.

 

Well, a random person on Twitter has declared it. Case over I guess. No need to engage in due process.

 

Let's not forget Eric Adams whose primary residence was in New Jersey when he was running for Mayor of NYC in 2021.
So where does Eric Adams really live?
Mr. Adams owns a multi-unit townhouse in the Bedford-Stuyvesant area of Brooklyn in which he says he keeps an apartment. In one of the more bizarre moments of the mayoral primary, he gave a media tour of that apartment, with reporters observing non-vegan food items apparently belonging to Mr. Adams’s son. (Mr. Adams has been a vegan for years.)

But Mr. Adams also co-owns a co-op in Fort Lee, N.J., with his partner, and he has said that he moved into Brooklyn Borough Hall for a time after the pandemic arrived. During the primary, Politico New York reported that Mr. Adams used conflicting addresses in public records and that he was still spending nights at Borough Hall.

He has had to refile his tax returns in part because of irregularities concerning his residency, the news outlet The City reported. The outlet also reported that the city is seeking to inspect his Brooklyn residence following an allegation of an illegal apartment conversion on the property. His campaign has said he intended to rectify those issues, though the complaint remains active.

 

Yeah it probably depends on the situation. If she entered 4 instead of 5 and then corrected it if questioned then no. If she altered or falsified documentation then likely yes. Agree with your general point though. Trump wouldn't have been prosecuted had he lost the 2016 election and faded from politics. James wouldn't be prosecuted if she didn't so aggressively go after Trump.

 

agree both sides is just a waste of time. Fraud to me and anyone not viewing everything politically….is a straw borrower who bilks some old couple out of $500,000 and then tries to flee to Costa Rica. Or takes out a loan with no intention of paying it back and hauls azz. Appears for both loans in question. Trump and LG. No payments were missed. Lender didn’t lose out on a single penny and there are no victims. I don’t care if Trump or LG saved 2% on interest. But again. LG brought this all on herself. For Trump they searched high and low until they found something. Anything. To confirm intellectual honesty….. If the NY residents want to elect her again if she’s found guilty. I wouldn’t care a single bit.

 

So, if I walk into a retail store and hand the cashier their costs and half of their profit margin, and walk out with the product, I haven't committed theft? Costing a bank interest income or costing a state tax income are both forms of fraud. In those cases, the bank and the state are the victims, as they did not receive what they would have received except for the lie told to them. Even if they regularly paid the lower amount than they would have paid if they had told the truth. Now, again, Trump's fraud has been proven in civil court. We will see if they can do the same to her. If they do not, I suspect that a malicious prosecution claim will be heading the other direction, as malice is pretty obvious here.

 

So is Ashley picketing the White House since Trump got away with no penalties?

 

I don't think that's quite the right analogy. It would be more like if you offered them costs + half their profit margin, and they agreed to accept that amount. Of course it's more nuanced than that because it would have to involve something like you lying to the cashier in order for them to agree to take a lesser amount.

Banks can and do charge different rates to people based on their perceived credit risk. Is the bank harmed if they could have charged a higher interest rate and didn't? Kind of? They're out the extra profit they could have made but they aren't really harmed if not payments were missed.

What's happening to James may not be fair but she has a massive advantage over the average person in this scenario since she understands the law and will be able to find excellent legal representation if it comes to it.

 

Every Trump supporter on this thread should start their post with;

"While I personally voted for a convicted felon, and had absolutely NO problem with him avoiding trial on approximately 60 other grand jury felony charges...

..... my opinion on this as-yet uninvestigated matter, in which nobody has yet been charged is _______."

 

No idea how the laws are written on the topic. Residency rules are often pretty complicated and sketchy. See, for example, how Tulsi Gabbard voted in Hawaii, despite, officially, claiming that her primary residence is in Texas. I doubt that we see the feds go after her for voter fraud.

 

I'm old enough to remember when Trumppublicans were super duper upset about Mark Meadows' pretty obvious voter fraud. It was all they could talk about!

https://apnews.com/article/politics...rnment-fraud-32b0e5c14b81b36ddf84fb3a4cfc531a


Public records showed Meadows, a Republican, listed a mobile home in Scaly Mountain, North Carolina, that he did not own as his physical address when he registered to vote on Sept. 19, 2020, while he was still serving as chief of staff. Meadows cast a North Carolina absentee ballot by mail for the November general election, when Trump won the battleground state by just over 1 percentage point.

The New Yorker, which first reported earlier this year on Meadows’ 2020 registration, said the previous property owner told the magazine that Meadows’ wife had rented the property for a short period and spent only one or two nights there.

 

She markered her father as her husband?!?