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Opinion

Who’s the Fraudster?

Truth Matters: Who’s the Fraudster?

New York Judge Arthur Engoron has ruled that Donald Trump has fraudulently overvalued several of his properties in order to achieve lower bank interest rates on loans. He is also dissolving the corporate status of several of Trump’s companies because of the supposed fraud. All loans have been paid on time and the banks are happy with the loans. This anti-Trump Democrat judge, however, is decidedly unhappy. He notes, for example, that the assessed tax value of the Donald’s home, Mar-A-Lago (along with its property of seventeen and a half downtown seaside acres), is only $18 million, but that Trump has valued it at between 400 and 600 million.

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