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To: Alberta's Child
How does the State of New York pursue a civil lawsuit against Donald Trump for fraudulently overstating the value of his net worth if they don't already know these details of his financial positions?

Overstating the value of his net worth? What are you talking about? His “net worth” had nothing to do with any of it. He was charged with overestimating the value of specific properties, in specific documentation, regarding those properties, nothing to do with his overall wealth, which clearly remains unknown.

And apparently, the amount of exact equity he has even in those specific properties in question was never specifically investigated, either. My understanding is they took Trump’s statements of his property value at face value, but then ruled that even IF he had 100% ownership, they wouldn’t reach that value. Most prominently were the exaggerations of square footage, which again have nothing to do with actual equity.

If you can find ANY reports that his actual equity in those properties was ever actually investigated, or especially determined, I will gladly concede the point, but I don’t think that information is currently known by the court, or pretty much anyone outside of his organization. There were even reports of him very recently re-organizing his assets as well, in order to hide/protect them from seizure, which would factor into this now, even IF they did previously investigate it.

144 posted on 03/20/2024 11:04:24 AM PDT by Golden Eagle (Principles, not partisanship)
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To: Golden Eagle
The dude was just subject a financial enema as required by law to determine his net worth for the purpose of determining punitive damages in multiple civil actions.

How the hell do you do that without knowing how much equity he had in any given property?

147 posted on 03/20/2024 11:27:28 AM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Golden Eagle
P.S. -- If Leticia Mugabe James has the audacity to claim, at this point in time, that she does not know how much equity Trump has in his properties, then she is openly admitting that she had no factual basis for pursuing the financial penalties the court imposed on Trump.
148 posted on 03/20/2024 11:30:19 AM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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