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Proven claim is he knowingly inflated his net worth and the value of his assets in order to deceive banks and other eventual business partners into giving him bigger benefits.
It’s like someone adding a zero to their paycheques and bank accounts, then getting a hundred year mortgage on a landmark property because the bank is convinced they’re a safe investment.
Leshaches
Does anyone have a good link to an explanation of the current fraud charges?
I didn't realise it was a civil case.
Why is fraud civil?
On what basis is NY bringing the case? Is it them who suffered the loss, or is it like R v xxxx?