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re: OT- Apparently Buck Belue is a Liberal
Posted on 10/6/23 at 4:20 pm to deeprig9
Posted on 10/6/23 at 4:20 pm to deeprig9
I mean if the under/overstatement was a huge enough amount, sure it could be illegal. I'm not sure of the facts, just pointing out the statement alone just shows he was doing his accounting properly.
ETA: I also wouldn't expect this judge to understand the nuances of property accounting. I would imagine they had fellow CPAS testify but I wouldn't put if past the judge to see 2 different asset values for two different things and try to say that it's fraud.
ETA: I also wouldn't expect this judge to understand the nuances of property accounting. I would imagine they had fellow CPAS testify but I wouldn't put if past the judge to see 2 different asset values for two different things and try to say that it's fraud.
This post was edited on 10/6/23 at 4:24 pm
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Posted on 10/6/23 at 4:53 pm to Barstools
quote:
I mean if the under/overstatement was a huge enough amount, sure it could be illegal. I'm not sure of the facts, just pointing out the statement alone just shows he was doing his accounting properly
Huh?
A loan application is a loan application.
It is the lender's job to assign value for collateral assets. It is the lender's job to deem qualifications for the terms of the loan.
If I have a rare coin and list it as an asset on a loan application, the lender can use the asset for underwriting, not use the asset for underwriting, or order their own appraisal and go off that 3rd party valuation for the asset for underwriting.
We are talking about applications and ensuing underwriting of said applications.
There should be no prosecuting attorney involved in this horseshite of a witch hunt.
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