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<blockquote data-quote="Doxquzme" data-source="post: 8868478" data-attributes="member: 689267">Not more money, cheaper money - he overinflated (fraudulently) his net worth/value to get better interest rates and then deflated (fraudulently) the value to pay less taxes, again, illegal. He also stated evaluations to secure the loans&nbsp; (with the help of signatories in his company), literally lied about them just to secure them, fraud, fraud ,fraud! You can&#039;t do that! If he hadn&#039;t done that, the loans would have been denied!It doesn&#039;t matter if nobody is affected (even though everyone is affected when revenues are counted) or they actually benefit, profited, it&#039;s fraudulent. Would you be saying the same if he filed for bankruptcy on those loans (as he has 7 times prior) and then found out it was due to the same fraud? I think not. Just because people made money off if it doesn&#039;t make it legal, on the contrary.Anything that is fruit of the poisoned tree is subject to forfeiture, it&#039;s the law, not an opinion - and not unique to this prosecution. Do you like that if you were in that position and did it by the books and paid several million dollars more in taxes (breaks he realized due to this fraudulent reporting) when someone else is getting away with it?Nobody gets a pass or there is no order to the system, pure anarchy, everyone for themselves, cannot work in such a way. Not sure why anyone would give anyone a pass on breaking the law, it&#039;s really that simple, you cannot say well, nobody got hurt by it, so...</blockquote>

[QUOTE="Doxquzme, post: 8868478, member: 689267"] Not more money, cheaper money - he overinflated (fraudulently) his net worth/value to get better interest rates and then deflated (fraudulently) the value to pay less taxes, again, illegal. He also stated evaluations to secure the loans (with the help of signatories in his company), literally lied about them just to secure them, fraud, fraud ,fraud! You can't do that! If he hadn't done that, the loans would have been denied! It doesn't matter if nobody is affected (even though everyone is affected when revenues are counted) or they actually benefit, profited, it's fraudulent. Would you be saying the same if he filed for bankruptcy on those loans (as he has 7 times prior) and then found out it was due to the same fraud? I think not. Just because people made money off if it doesn't make it legal, on the contrary. Anything that is fruit of the poisoned tree is subject to forfeiture, it's the law, not an opinion - and not unique to this prosecution. Do you like that if you were in that position and did it by the books and paid several million dollars more in taxes (breaks he realized due to this fraudulent reporting) when someone else is getting away with it? Nobody gets a pass or there is no order to the system, pure anarchy, everyone for themselves, cannot work in such a way. Not sure why anyone would give anyone a pass on breaking the law, it's really that simple, you cannot say well, nobody got hurt by it, so... [/QUOTE]

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