Deutsche Bank Executive Strengthens Trump Defense in New York Fraud Trial

Published on November 29, 2023

A Deutsche Bank executive’s testimony has bolstered former President Donald Trump’s defense in the civil fraud trial in a lawsuit brought by New York Attorney General Letitia James that claims the former president inflated the value of his assets to get better loan terms from the bank. Deutsche Bank is the lender that provided hundreds of millions of dollars in loans to President Trump from properties in Miami, Chicago, and Washington. An executive from Deutsche Bank, managing director David Williams, testified on behalf of the defense on Nov. 28, saying that it’s not that unusual for the bank to cut a client’s stated asset value—even by half—and still approve the loan, just like it did with President Trump....

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Utah Republican Celeste Maloy Sworn Into Congress

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LIVE 2 PM ET: House Oversight Committee’s Hearing on Security of Federal Software Supply Chain

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