Stalin
Well-Known Member
- Joined
- Apr 4, 2008
- Messages
- 3,764
Who can be surprised that this multi-dimensional fraud has been caught with his trousers down..
how come a billionaire needs a mortgage ???
"..Donald Trump signed mortgage documents in the 1990s claiming two separate Florida properties would each serve as his principal residence – the same thing his administration is calling “mortgage fraud” when done by political rivals, records show.
ProPublica unearthed documents demonstrating that within seven weeks of each other in late 1993 and early 1994, the president obtained loans for neighboring Palm Beach homes, pledging each would be his primary dwelling. Instead of living in them, though, he rented both out as investment properties.
There is no suggestion that the activity is or was illegal, and proving intent is key in fraud cases. Yet Trump has called the same behavior – having two primary dwelling mortgages – “deceitful and potentially criminal” in relation to mortgage fraud charges against the Federal Reserve governor Lisa Cook. The Trump administration is bringing several similar cases against the New York attorney general, Letitia James, the senator Adam Schiff and the congressman Eric Swalwell.
James was charged in October over a Virginia property she designated as a second home before renting out. Cook was fired after signing two primary residence mortgages weeks apart – just as Trump did.
But Trump wrote to Cook in a letter that he posted on TruthSocial announcing he had fired her that such conduct demonstrated incompetence, untrustworthiness and “gross negligence in financial transactions”.
“It is inconceivable that you were unaware of your first commitment when making the second,” he wrote, adding he had determined there was “sufficient cause” to fire her.
In 1993, the president’s real estate agent told the Miami Herald the properties would be leased annually. Shirley Wyner, who later served as rental agent for both homes, confirmed to ProPublica this week that Trump never lived in them. “They were rentals from the beginning,” she said..."
www.theguardian.com
comrade stalin
moscow
how come a billionaire needs a mortgage ???
"..Donald Trump signed mortgage documents in the 1990s claiming two separate Florida properties would each serve as his principal residence – the same thing his administration is calling “mortgage fraud” when done by political rivals, records show.
ProPublica unearthed documents demonstrating that within seven weeks of each other in late 1993 and early 1994, the president obtained loans for neighboring Palm Beach homes, pledging each would be his primary dwelling. Instead of living in them, though, he rented both out as investment properties.
There is no suggestion that the activity is or was illegal, and proving intent is key in fraud cases. Yet Trump has called the same behavior – having two primary dwelling mortgages – “deceitful and potentially criminal” in relation to mortgage fraud charges against the Federal Reserve governor Lisa Cook. The Trump administration is bringing several similar cases against the New York attorney general, Letitia James, the senator Adam Schiff and the congressman Eric Swalwell.
James was charged in October over a Virginia property she designated as a second home before renting out. Cook was fired after signing two primary residence mortgages weeks apart – just as Trump did.
But Trump wrote to Cook in a letter that he posted on TruthSocial announcing he had fired her that such conduct demonstrated incompetence, untrustworthiness and “gross negligence in financial transactions”.
“It is inconceivable that you were unaware of your first commitment when making the second,” he wrote, adding he had determined there was “sufficient cause” to fire her.
In 1993, the president’s real estate agent told the Miami Herald the properties would be leased annually. Shirley Wyner, who later served as rental agent for both homes, confirmed to ProPublica this week that Trump never lived in them. “They were rentals from the beginning,” she said..."
Trump had two mortgages he claimed were primary dwellings, records show
President did same thing his administration is now calling ‘mortgage fraud’ in case against Fed governor Lisa Cook
comrade stalin
moscow
![relaxing-outside-smiley-emoticon[1].gif relaxing-outside-smiley-emoticon[1].gif](https://www.houseofpolitics.com/data/attachments/27/27014-05a4793145fb713f2386017ce98f3e00.jpg?hash=WBqjrfX9jP)