32 Comments
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JD Free's avatar

I’ll let you in on an open secret: Donald Trump wasn’t prosecuted because of mortgage fraud.

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Craig Verdi's avatar

He didn't commit mortgage fraud, but he was prosecuted

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random mover's avatar

"If mortgage fraud were truly disqualifying, Washington would be a ghost town"

Isn't that also true of FARA violations?

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Craig Verdi's avatar

That's the difference between the left and the right. The left wants to excuse everybody as a victim, lenience so they can commit more crime. The right wants to enforce the law.

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Kitsune, Maskless Crusader.'s avatar

People go to prison for mortgage fraud. If you or I did this, we would go to prison.

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Craig Verdi's avatar

No we wouldn't, but we would pay huge fines. Just like Cookie.

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Kitsune, Maskless Crusader.'s avatar

According to the United States Sentencing Commission’s website, 84.7% of those found guilty of Federal mortgage fraud serve prison sentences. 30 years is the max, but the average length of time is 22 to 27 months in the slammer for what she is credibly accused of.

Like I said, people go to prison for this, and you and I would most likely be in the almost 85% of those who are found guilty of this crime who go to prison for it.

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Craig Verdi's avatar

I think you made that up. Here is what Google says.

2 days ago — Just 38 people in the country were sentenced for such crimes in 2024, and among that small group, four of the convicted got no prison time. A ...

Source:https://theconversation.com/does-anyone-go-to-prison-for-federal-mortgage-fraud-not-many-the-numbers-suggest-265242

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Kitsune, Maskless Crusader.'s avatar

What? That means 11% of those sentenced did not go to prison and 89% did get prison terms.

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Craig Verdi's avatar

No they didn’t. Can you use Google?

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Kitsune, Maskless Crusader.'s avatar

You typed that four of the 38 who were sentenced for mortgage fraud “got no prison time.”. That means that 89% of those who were sentenced got prison time.

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MattJ's avatar

You know who is guaranteed not to have these problems? People with 0 or 1 properties. You know who has less than zero sympathy for the problems of rich people avoiding committing fraud? People with 0 or 1 properties.

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Mitch's avatar

You know who the Fed doesn't manage monetary policy for? Those with 0 or 1 properties.

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David Murphy's avatar

the Cabinet members have homes in their home states but were called to Washington DC for public service reasons where they must have a second "primary" residence. Lisa Cook's homes are in Michigan and Atlanta. she is with the Chicago Fed.

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Robird's avatar

Selective prosecution is as common in DC as mortgage fraud. Ask HRC.

The real issue is the accountability of the Federal Reserve to the citizens of the US.

What branch does it answer to; the Executive,Legislative,or Judicial? Why are Federal Reserve governors appointed by the executive and confirmed by the Senate if they are independent? Ultimately there must be accountability the decisions made by the Fed. These individuals are not granted special wisdom regarding the economy.

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Mitch's avatar

The Fed wants it both ways. It gets to control the most important financial levers as a government agency, but suddenly is a private entity when it wants independence.

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Otherway's avatar

This does NOT make Lisa Cook innocent of mortgage fraud. It makes all those other people guilty.

Prosecute them all. And fire them all if they have lost their employer's trust. Lisa Cook is an unqualified DEI hire AND a criminal fraud, and should be nowhere near the Fed.

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Jon Drucker's avatar

Seems like plagiarism is a much better hook. Worked marvelously on Claudine Gay.

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Craig Verdi's avatar

Claudia Gay should have been gone before that. She was a leftist, incompetent , and a DEI hire.

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Mitch's avatar

you've just described half of the so called "elites" running this country. Shitcan all of them.

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David Roberts's avatar

Lee Zeldin has said multiple times that the DC “primary residence” didn’t occur until he was appointed, and that he notified prior lenders he was going to be making that move. So……

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Craig Verdi's avatar

I have had vacation homes. You get to have two homes. They both are treated for loan purposes as a resident. So, if someone applied for 2 residences that is what it is. The two you get. Get another, then its a new ballgame.

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Craig Verdi's avatar

Bad luck Lisa. Her 15 minutes came when people are sick and tired of black victimhood.

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Kathleen Lowrey's avatar

I kind of doubt it's even that. I am not going to mount a spirited defense of the Fed, but it was set up in a prior round of financial reset shenanigans the likes of which we are probably about to see again. So the point of "getting" Cook is setting the precedent of the executive branch reaching into the governance of the Fed and fiddling with it, disguised with a fig leaf of "we'll get you, my DEI pretty, and your little mortgage fraud too"

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Craig Verdi's avatar

So, you are saying you want a person on the FED that is a fraudster?

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Kathleen Lowrey's avatar

No

But

Thank you for participating in today’s broadcast of

Disingenuous Wanky Questions

You will receive your complimentary set of matching Samsonite luggage by mail

⭐️🌟✨💫

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Craig Verdi's avatar

You don't want to answer. The "no" was sufficient. And you wouldn't hire someone with a fraud charge. You would not hire someone who is not qualifies either. The DEI isn't helping race problems, it's causing them.

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Luc Lelievre's avatar

Makes sense--wokeism!

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Jacob Graff's avatar

What a weird framing to acknowledge that they’re wrongly dismissing her, but then say it’s totally justified even if the admin is wrong. Shouldn’t we care about doing the right thing? Where does it end?

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Craig Verdi's avatar

Doing the right thing is to disqualify someone for fraud who is so close to our money.

If a new hire applied for her fed job and she had a mortgage fraud conviction, should she be hired?

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Jacob Graff's avatar

Read the article first before you comment

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Craig Verdi's avatar

It has nothing to do with the article. In general, would you hire a person to watch our money who committed mortgage fraud. If you won't, why would you keep a current fraudster?

You probably would, or you will change the subject to how much fraud others do. That is not an argument.

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