Stating you think your property is worth more than the bank is not a felony, I’ve taken out many loans on properties in NY - I state what I think the property is worth and the bank does an appraisal to determine what they think it’s worth.
And you can disagree with the bank’s appraisal and negotiate it with them.
Seems like we are talking past each other. I agree with everything you’re saying.
The difference, that you appear to be missing, no matter what I say, is lying on an application is a felony.
Read any loan app, most say that upon signing, you’re certifying under penalty of perjury that the info is true and correct.
the prosecution is saying Trump lied. The hard part is proving he lied. Like you he will say, this is what I think that asset is worth...actually, Trump is saying he relied on his accountants so he has an even better argument.