3 Oct 2023 10:53 am
Why would anyone do business in NYC? Would think something speculative like property value would allow for some degree of promotion, of exaggeration. What is sales if not telling customers they can't live without your product and the product you currently have is ****? Do they allow used car sales in NYC?ConsRule » 03 Oct 2023, 7:14 am » wrote: ↑ From what I heard and understood on the news, per the executive law being cited in this case, that is not necessary in order to obtain a conviction. They don't have to prove anyone was harmed, that there was the intent to defraud and the fact that a "sophisticated recipient" were given the statements is not a defense. All it takes, under the law, is that persistent exaggerations were made. The fact lenders did their own due diligence, made informed lending decisions and we completely repaid is irrelevant to the case.