On every loan I've taken out, the lending company crawls up my ass for every transaction I've made over the last 30 years (maybe a slight exaggeration).
Do you really think, when someone loans Trump money, they don't do all those valuations themselves?
Developers like Trump always skirt the legal areas. I had a contractor on a house I had built go bankrupt right when the house was being finished. I had to go to court to get some escrow money that had been held back for a boat dock. Not much, but a few thousand dollars was a pretty big deal to me at the time.
The next year, we go to a home show around Geist. There is this same builder, showing another home in the home who that cost about twice what ours did. He'd just gotten rid of his debts by declaring bankruptcy and opening another business the next day under a new name. I know a lumber company that he owed so much to that it went out of business.
Now, is that right? No. Is it legal? Absolutely.
Trump has done what he's legally allowed to do. In business, it's not always what's right, but what's legal. I realize it pissed people off, but I highly doubt Trump has done anything to put himself in legal criminal jeopardy.