I mean, obviously tax fraud is tax fraud, but it is fraud against a bank to lie to a bank. McDonald’s can’t lie to you to sell you a hamburger and Trump can’t lie to people to get investors. Separate issues than tax fraud.
Some folks are born silver spoon in hand
Lord, don't they help themselves
But when the taxman come to the door
Lord, the house lookin' like a rummage sale, yeah
Securing loans against inflated equity is fraud and problematic regardless still. It’s like if a normal person was to Photoshop bank statements and paychecks to secure a mortgage they didn’t qualify for. It’s fraud and it’s a felony.
If he also paid tax on those inflated value, then go right ahead.
It becomes problematic and fraudulent when you want to pick and choose.
I mean, obviously tax fraud is tax fraud, but it is fraud against a bank to lie to a bank. McDonald’s can’t lie to you to sell you a hamburger and Trump can’t lie to people to get investors. Separate issues than tax fraud.
A court just ruled they can in fact do that
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I said fraud, not tax fraud.
Some folks are born silver spoon in hand Lord, don't they help themselves But when the taxman come to the door Lord, the house lookin' like a rummage sale, yeahSecuring loans against inflated equity is fraud and problematic regardless still. It’s like if a normal person was to Photoshop bank statements and paychecks to secure a mortgage they didn’t qualify for. It’s fraud and it’s a felony.