President Trump has released a bevy of statements following the game-changing expert testimony of Deutsche Bank executive David Williams.
In case you missed it, the Deutsche Bank executive blew the lid off of New York Attorney General Letitia James’ case against the former President.
Williams explained that it isn’t unheard of for banks to assess an individual’s net worth at half of what they reported and still grant the loans. Moreover, these banks and financial institutions do their due diligence.
The reason the financial institutions still grant the loans in many cases is that the individual or business entity in question is simply too attractive to pass up.
A successful history of business and investment ventures lends credibility to any debtor seeking to borrow funds from such an institution—President Trump fits that bill.
Following the seismic testimony of Williams, President Trump took to Truth Social and issued several statements:
Even CNN was forced to report:
David Williams, who’s worked in the bank’s private wealth management division for 17 years, said the bank wasn’t fazed.
“It’s not unusual or atypical for any client’s provide financial statements to be adjusted to this level to this extent,” he testified in the New York civil fraud trial.
His testimony Tuesday reinforced Trump’s defense argument that the lender was not defrauded and bank personnel conducted a due diligence process that did not rely on Trump’s personal financial statements.
The Epoch Times highlighted the testimony of David Williams and likewise noted that it was indeed a pivotal moment in the ongoing case brought forward by Letitia James.
The ongoing legal battle against former President Donald Trump just experienced a bit of a twist.
The testimony that was given by an executive from Deutsche Bank appeared to completely shatter the narrative being pushed forward. pic.twitter.com/EnwGH0OXFd
— The Epoch Times (@EpochTimes) November 30, 2023
According to Daily Mail:
‘We are whale hunting,’ then-bank managing director Rosemary Vrablic wrote colleagues in November 2011, as she began to forge ties to Trump and his family.
ADVERTISEMENTDeutsche Bank’s dealings with Trump are a key issue in New York Attorney General Letitia James’ lawsuit, which accuses Trump, his company and some executives of hoodwinking lenders and insurers by grossly inflating statements of his asset values.
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