New York Attorney General Letitia James's office responded to testimony by a Deutsche Bank executive that could have torpedoed her civil fraud case against Trump.
Radical Marxist New York Attorney General Letitia James is seeking $250 million in 'damages' when there is no victim in this fraud case and she is also seeking to ban Trump and his sons from operating any businesses in New York.
A Deutsche Bank executive who worked to approve at least one of Trump's loans testified on Tuesday that it is "Atypical, but not entirely unusual" to reduce a client's asset values and still approve a loan.
"A Deutsche Bank AG executive gave testimony that could bolster Donald Trump's defense in his civil fraud trial, telling a New York judge that prospective clients can get loans even after reporting a net worth far higher than the lender's own calculations." Bloomberg reported.
"The Nicest I've Ever Owned" "David Williams, who worked on at least one of three loans Deutsche Bank made to Trump in the years before he was elected president, testified Tuesday that it's"Atypical, but not entirely unusual" for the bank to cut a client's stated asset value by 50% and approve a loan anyway, as it did with Trump," Bloomberg reported.
Trump's defense attorney argued that Deutsche Bank conducted its own due diligence and made their own decision to loan Trump money.
"The bank conducted its own due diligence. The bank had no problem with a $2 billion or a $3 billion difference," Trump's attorney Christopher Kise said.
https://www.thegatewaypundit.com/2023/11/letitia-jamess-office-hits-back-after-deutsche-bank/
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