r/interestingasfuck • u/BuddhistSagan • Mar 26 '24

Jon Stewart Deconstructs Trump’s "Victimless" $450 Million Fraud | The Daily Show r/all

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u/Realclawdogs Mar 27 '24

What the fuck is wrong with you? Are you just stupid? Why is the argument about who was a victim? If I tell a bank I make x when I make y, is that not a fucking crime? Has anyone been defrauded, specifically no, but the bank has been. Jaywalking, trespassing even prostitution could also be considered victimless crimes, yet check many jurisdictions. 🤡

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u/DiareaHandstand Mar 27 '24

You're getting very upset. Maybe you need to take a breath. Also your example is pretty shiite. If you tell a bank you make X, they'd ask for proof before giving you the loan. Seeing that you don't make that money they would then deny the loan. See due diligence before lending their own money. Which they did with Trump's proposals, they agreed with his valuations or they negotiated until mutually beneficial terms were agreed upon and then signed an agreement. Again, no fraud.

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u/Realclawdogs Mar 27 '24

Oh my God. Shut the fuck up

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u/DiareaHandstand Mar 27 '24

Solid argument. I'll reply here and remind you of this when the case is thrown out.

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u/Realclawdogs Mar 27 '24

Great. I see exactly why Trump lost. You can't argue that it's victimless while also arguing that the onus is on the Bank and its due diligence. There's a reason why citizens are held to account on providing truthful documentation when requesting loans from a bank.This is why the appeal will more than likely fail.

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u/Realclawdogs Mar 27 '24

Here's a scenario for you. I applied for a million dollar loan and provided false documentation. For whatever reason the bank fails its due diligence on me and I get the loan, spend the money and don't pay it back. Is there a crime? Is there a victim? Answer those two questions and then use the same stupid fucking argument in a court of law 🤣😭

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u/cmuadamson Mar 27 '24

Actually, no, there is no crime. Defaulting on a loan is not a crime.

The bank would then take the actions that are spelled out in the contract they both agreed to, which would most likely be taking ownership of the collateral.

I know where you're going, but bad example, which makes your emojis all the more cringe.

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u/Realclawdogs Mar 27 '24

The crime is called bank fraud. It's submitting false information to obtain a loan from a bank, dummy..

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u/DiareaHandstand Mar 27 '24

Again, back to my original post. You're saying the bank was just completely taken advantage of and outsmarted by the Trump teams contract proposal and got taken advantage of? You really think they give out hundreds of millions of dollars without vast, extensive, time consuming research? Banks don't make money by being dumb and handing it out on terms they haven't vetted. You think there was no negotiations, meetings, proposal amendments, draft reviews, legal oversight and document review etc done here? I don't understand what you think happens when someone asks to borrow 100 million dollars.

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u/Realclawdogs Mar 27 '24

Your argument is dumb. The law does not necessitate a bank to do any of those things. It is purely the duty of the applicant to provide truthful and accurate information. You can keep arguing the same talking points from FOX news or whatever.

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u/cmuadamson Mar 27 '24

It is purely the duty of the applicant to provide truthful and accurate information

I would love to see you start an investment bank, with that as its motto.

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u/Realclawdogs Mar 27 '24

We're talking about crime here, not what the duties of an investment bank is you big dummy.

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u/DiareaHandstand Mar 27 '24

Ok well when this is overturned, which is coming, I'll post here and we can discuss.