• CableMonster
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    10 months ago

    Thank you for finally getting specific. The apartment probably included unfinished garage space, but why do you think that would change the valuation much? Why didnt the loan company verify the information which is literally part of their due diligence?

    Your whole case behind giving a fine of 400 million or so is based on a difference of about a million in appraised value change, which apparently the bank didnt even care about.

    • FlowVoid@lemmy.world
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      10 months ago

      Are you suggesting that lying on a document is legal if others can figure out the truth? That’s not how the law works, at all.

      Try reporting an income of $0 on your taxes this year. An obvious lie, but the IRS probably already knows your income. They probably even already collected your taxes. Nevertheless, you will face consequences.

      • CableMonster
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        10 months ago

        If you claim a thing that is defensible and say that its up to the other person to verify it, then its just part of how things work. The real question is why do you care what agreement two parties come to and are happy about the outcome?

        The IRS is different than a bank, and income is different than appraised value.

        • FlowVoid@lemmy.world
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          10 months ago

          Claiming an 11K sqft apartment as 30K sqft is not defensible.

          And no, that’s not “just how things work”. You imagine that we live in some libertarian dystopia, but we don’t. There are laws that prohibit lying in many circumstances, and you can’t disclaim your responsibility to tell the truth.

          If you sell bottles labeled “Aspirin” that contain no aspirin, you will face severe consequences. Even if nobody buys your bottles and nobody is harmed. Even if you write “User is responsible for verifying whether this bottle contains aspirin”.

          Because laws specifically outlaw lying on medication bottles, just as laws specifically outlaw lying on loan documents.

          • CableMonster
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            10 months ago

            The real question is why do you care what agreement two parties come to and are happy about the outcome?

            • FlowVoid@lemmy.world
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              10 months ago

              I care about rule of law, which means that people face the consequences for breaking laws. It makes no difference whether people are happy.

              When someone buys meth from a dealer, those two parties are also happy about the outcome of the agreement. I don’t care.

              • CableMonster
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                10 months ago

                You dont care about actual rule of law, you care about partisan rule of law. You dont like trump, so you are happy he is being attacked, but dont understand how it can backfire. You are in the “fucking around” stage, and if you guys get what you want we will go to the “finding out” part.

                • FlowVoid@lemmy.world
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                  10 months ago

                  Nonsense. After Rod Blagojevich was caught trying to sell a Senate seat, I was glad to see him go to jail. And he is a Democrat.

                  I suppose you wonder why he was even arrested, after all when politicians are paid off both parties are happy with the outcome.

                  And for the last time, I am not afraid of Trump’s threats.

                  • CableMonster
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                    10 months ago

                    Oh wow, you are happy a democrat went to prison… I am also not afraid of trumps threats, I am afraid what happens if trump loses and the maga people get mad because the election was actually blatently tampered with this time.