Isn't this a common practice with the wealthy? If you and I go to the bank for a $450k loan on a house the bank has someone go out and do an evaluation. If someone very successful wants $50 million for a project many banks don't want to turn them down when they are worth a billion dollars. Think about it, if you were worth $25 million and you wanted a loan for a one million dollar house do you really think the bank will turn you down? This is no business of the gov in a free society, especially a capitalist society. This is between lender and barrower.He over valued his properties to get loans or to secure financing and what not.