Reply To: NY Prosecutes Couple For Fraud: Listed House For $499K When It Sold For $485K

  • Unknown Member

    February 25, 2024 at 9:06 am

    They Should Contact Trump ORG . …. The masters in Fraud until they got Caught

    Common Law Fraud

    The instant action is not a garden-variety common law fraud case.

    Common law fraud (also known as “misrepresentation”) ha s five elements: (1) A material statement; (2) falsity; (3) knowledge of the falsity (“scienter”); (4) j ustifiable reliance; and (5) damages. See, e.g., Kerusa Co. LLC v W10Z/515 Real Estate Ltd. Partnership , 12 NY3d 236, 242 (2009) (“[T]he elements of common law fraud” are “a false representation . . . in relation to a material fact; scienter; reliance; an d injury.”). Alleging the elements is easy; proving them is difficult. Is the statement one of fact or opinion? Material according to what standard? Knowledge demonstrated how? Justifiable subjectively or objectively? In mid-twentieth century New York, to judge by contemporary press reports and judicial opinions, fraudsters were having a field day

    Seven Springs conservation easement over seven mansion lots at $775,000 per raw lot, an estimate that would have valued the entire seven-mansion development at approximately $5.5 million. PX 3296; TT 2707-2708.

    Notwithstanding, the SFC backup data for 2013 demonstrates that on August 20, 2013, Eric Trump advised McConney to value the seven-mansion undeveloped plots on the SFC at a staggering $161 million

    (161 MILLION – 5.5 MILLION) / 5.5 MILLION) * 100 = 2827.27 %…. now that is quite the fraud