Trump having a foreign loan for 19.8m that wasn't disclosed is sort of big news now. However, the news doesn't say much about the legal implications, many imply he violated a requirement to disclose but none give specifics of the legal implication. I know Fobes at least had an article saying trump may not be technically guilty of violating a law, except the rest of the article is paywalled so I don't know why they thought that.
So basically what laws are relevant to the non-disclosed loan, how likely is it that trump is actually guilty of violating them, and if he were guilty what penalties does the law outline for breaking it?
