Description
1. It's civil lawsuit.
2. Does not assert that Trump defrauded any NY Government entity. How does James have standing?
3. Lenders and insurance companies can do their own Due Diligence and file their own lawsuits if they suspect fraud.
"James said Trump massively overstated the values of his assets in statements to banks, insurance companies and the IRS to obtain more favorable loan and insurance terms for his company, as well as to lower its tax obligations."
How do you lower your tax obligations by falsely inflating your assets? It would be a benefit of deflating asset values.
LMFAO
Discussion
By posting you agree to the Terms and Privacy Policy.