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Unread 02-19-2022, 07:01 AM
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scook scook is offline
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Join Date: Jul 2005
Location: Portland, OR
Posts: 1,432
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And no bgreene, it’s very unlikely that he can get fair treatment in New York, so he’ll have to spend a gob of money on lawyers defending himself and organization.

I don’t think you have a clue as tot he actual facts of the situation and you clearly don’t understand that asset valuation is a subjective process and that it’s influenced by the purpose for which it is undertaken. A competent business person is going to favor the high end of the possible range of value when it is beneficial and the low end when the reverse is true.

If there was such deviation from reasonable valuation as to be fraudulent, he should pay the price - no excuses. Convicting him from a position of such complete ignorance of the facts and conventional accounting practice is unfortunately consistent with your SOP. Remember, his accounting firm is responsible for reasonable verification of his reporting before signing off on audited financial statements. They are ducking for cover in an attempt to keep out of what they probably anticipate to be an unfair witch hunt.

Now, undoubtably you’ll reply with drivel about Trump loving, excuse making, conspiracy theories, which of course there is absolutely none of in my post.
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