Report: Testimony has 'blown up' Letitia James' fraud case against TrumpWND 11/29/2023
Banker says loan procedures not out of the ordinaryA new report reveals that testimony from Deutsche Bank officials in New York Attorney General Letitia James' claims that Donald Trump's companies engaged in fraud has "blown up" the case.
James campaigned for her statewide office on the slogan of getting Trump, even though there was no evidence of wrongdoing on the part of his companies. She's now in court, claiming fraud and demanding $250 million in damages and the execution of his New York enterprises, even though there's no evidence of unpaid loans, irate partners, unmade payments, or anything of that kind.
Trump has charged repeatedly that it's no more than a political witch hunt in which James, apparently with the aid of Judge Arthur Engoron, is trying to inflict as much damage on him as possible, without cause.
A report in The Gateway Pundit explains now how testimony from a Deutsche Bank official undermined James' claims.
The report first explained the 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."
"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."
Williams worked on at least one of the loans Deutsche Bank made to Trump before he was president, and said the stated assets are merely an opinion and a difference of opinion in asset values does not disqualify a borrower.
The Pundit explained, "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. She accused Trump of inflating his assets and defrauding lenders and insurance companies."
More:
https://www.wnd.com/2023/11/report-testimony-blown-letitia-james-fraud-case-trump/