Trump and Giuliani had long been tied to the Russian mob in NYC. Money laundering in NYC – political parties don’t matter at those levels – tied to business and residential real estate holdings were commonplace. Inflating holdings, playing paper-records games – whatever was needed to happen to happen happened. And it’s notoriously difficult for prosecutors to prosecute ANYBODY for any real estate fraud because of the big money and power involved. But now was a chance to get somebody. Trump’s game isn’t anything new or special. OF COURSE he inflated size repeatedly. OF COURSE he got more loan money than he should have. He banked on not getting caught because nobody prosecutes those things: it brings money into the city. But this time was different. A rare opportunity for somebody in NYC real estate to go down for very a common scam.

Trump and Giuliani had long been tied to the Russian mob in NYC. Money laundering in NYC – political parties don’t matter at those levels – tied to business and residential real estate holdings were commonplace. Inflating holdings, playing paper-records games – whatever was needed to happen to happen happened.
And it’s notoriously difficult for prosecutors to prosecute ANYBODY for any real estate fraud because of the big money and power involved.
But now was a chance to get somebody. Trump’s game isn’t anything new or special. OF COURSE he inflated size repeatedly. OF COURSE he got more loan money than he should have. He banked on not getting caught because nobody prosecutes those things: it brings money into the city.
But this time was different. A rare opportunity for somebody in NYC real estate to go down for very a common scam.
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NYC case would have happened anyway BECAUSE it’s NYC.
Giuliani and Trump are two people among MANY that were untouchable in NYC for a few decades.
Imagine you’re in law. You see illegal things happening. Big powerful people doing illegal things. But you can’t do anything about it. They’re connected, politically, financially, and have mob backing in some cases. Your family will get a visit if you try.
But now: they could finally get ex-mayor Giuliani where belongs: without a law license. He abused his law license for a long time, only dragging it out to help buddies in questionable things. But when he was mayor, he stole credit from past mayors, did a lot of questionable things. NYC as a city has wanted to bring payback to Giuliani for a long time.
Same with Trump for all kinds of real estate reasons. For me it’s payback from the Taj Mahal fiasco finally resolved in some fashion.
Real estate tycoons have ENORMOUSLY oversized amounts of power and influence. NYC didn’t care he was President. Didn’t care he had a TV show. He abused NYC like a lot of the wealthy and powerful do and the opportunity to bounce one of the big boys out is something NYC relishes a chance to do, whether mob bosses, ex-mayors, real estate tycoons — if they abuse the little people, eventually they gotta go. That’s nyc.

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