New documents show Trump kept 2 sets of books for his biggest property in Manhattan

, pointing to potential financial fraud (title cont'd)

https://www.businessinsider.com/trump-tower-financial-fraud-lenders-propublica-2019-11

Now, there are probably some folks who look at this headline and think, "Isn't this an old story?" And the answer is No, but I can understand why you might think so because Trump also had another story published where he engaged in this exact type of behavior (for example, telling lenders that he was renting at a higher percentage than what he told the tax officials) in regards to several other properties.

And you have to give credit to the lawyers for Business Insider because they are just doing their job. But let's be real, there is almost zero need to include the word "potential" in this title. It will surprise no one that Trump Inc will follow suit of Trump University and Trump Foundation where Don the Con will have to admit to a judge its all a fraud.

And then ~30% of America will write it off as fake news.

 

How does that work as far as a loan do you put down occupancy at current levels or averaged over that year or years? Same goes as far as the IRS.. Is it the average of the year or when you file?

 

Tax evasion
Bank fraud
Loan fraud
Wire fraud

 

This seems like a non-story, but I'm curious. How does anybody legally get access to this type of information through a Freedom of Information Law?

 

This seems like a non-story, but I'm curious. How does anybody get access to this type of information throughh a

Another curiosity question: where does one state occupancy rates on tax forms?

 

The reasoning is actually quite simple. Whereas tax records, medical records, etc are protected by the Fourth Amendment(rightfully so), publicly traded companies(and they don't even have to per se be on the stock market, but just publicly acknowledged. Like a condo, etc which is the case here) don't have the same expectation of privacy.

Because if it's a public service or place, it's not considered private(IE: A fourth Amendment breach.) So you can FOIA business records. Now, mind you, it still has to be shown that you have a legitimate reason to read the documents which I'm presuming the judge felt they had passed that threshold.

 

I think you've got him now.

send the swat team.

he had a good run but in guess it's over now.

 

See, I'm conflicted honestly. These are definitely what you would call white collar crimes.(They invented the term, not me.). However, these crimes took place *before* he occupied the Oval Office.

To avoid this in the future, we should have a constitutional amendment that basically bars anyone with a high crime or misdemeanor from being able to become President in the first place.

 

MAGA stands for My Administration Got Arrested

 

How would that help if the crime was not discovered until the criminal was in office?

Anyway, impeachment is not limited to actions taken while n office so he can be removed if he did indeed commit a crime.

 

AFAIK FOIA applies only to government. Corporations and business do not have to disclose tons of information about themselves, and tax records are sacrosanct private and privileged.

 

No he cannot. Impeachment is not a criminal proceeding. The House cannot conduct criminal investigations and the Senate cannot try them.

 

He can be removed for impeachable offences. Most people would say a felony would be an impeachable offence.
After removal he could be indicted criminally.

 

Big scoop of dung from an anonymous kook blog.

 

I'm not recalling occupancy rates having to be reported to the IRS. IRS reporting is based on income.... they don't care if one tenant is paying X while another is paying XX. I've handled the books for a company that owned a 21 unit townhome complex. Occupancy records were not included.

Banks will request occupancy records to support loan documents, that I know.

 

This is why we have the emoluments clause so that criminals cannot amplify this behavior.
Unfortunately we have to have a congress that enforces it and a voters that understand it — which we do not have.

These crimes seem pervasive within the trump organization, it is likely still going on.

 

New York City allows a special provisional deduction based on occupancy rates especially is they are classified as being renovated that can lower the taxable base that needs to be reported. Basically you can deduct the percentage of square footage of the unrented space against the total square footage. The numbers reported to the state could have been accurate which would mean it is not tax fraud but rather banking fraud and likely wire fraud.

 

You get a court ruling that the information complies with a FOIA request.

 

A good question. Not sure.

 

True, except a felony by itself is probably not an impeachable offense.

 

But FOIA applies only to federal government agencies so that would leave bank applications out, and personal or corporate tax forms are not covered under FOIA. Smells funny to me.

 

It sounds as if you, too, do not understand the emoluments clause.

 

This is good to know, but I'm still looking for an answer to my question. FISA requests do not cover NYC, NY State or any other city or state. Nor do they cover private enterprise like bank records. Nor do they cover federal tax forms of individuals or corporations. So how did a FISA request get all this information?????

 

e·mol·u·ment
/əˈmälyəmənt/
noun
FORMAL
plural noun: emoluments

1. a salary, fee, or profit from employment or office.

The Title of Nobility Clause is a provision in Article I, Section 9, Clause 8 of the United States Constitution,[1] that prohibits the federal government from granting titles of nobility, and restricts members of the government from receiving gifts, emoluments, offices or titles from foreign states and monarchies without the consent of the United States Congress. Also known as the Emoluments Clause, it was designed to shield the federal officeholders of the United States against so-called "corrupting foreign influences." The clause is reinforced by the corresponding prohibition on state titles of nobility in Article I, Section 10, and more generally by the Republican Guarantee Clause in Article IV, Section 4.[2]

I will happily start using illegal profit from office and abuse of power if you prefer, it is just numerous words vs one so I picked a word I believed everyone knew the context behind.

 

Well the previous one was uncovered because the trump organization requested a tax reassessment which makes the information public. Property tax records are public knowledge, in Tennessee we have an online web portal where you can look up anyone’s.

The loan data was made public when trump’s debt became part of pools of loans sold publicly as bonds known as commercial mortgage-backed securities.