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Bank witness says Trump loan papers mattered in fraud trial testimony

A former Deutsche Bank risk officer testified on October 11, 2023, that Trump’s financial statements were key to loans for his Doral and Chicago properties, backing the state’s claim that the numbers mattered to real lending decisions.

Why it matters: Bank testimony on Trump loan paperwork

First recorded Oct 11, 2023·Meaningfully updated Oct 12, 2023

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Trump Fraud Trial Testimony Put His Loan Papers Back Under the Microscope

A Deutsche Bank risk officer testified on October 11, 2023, that Trump’s financial statements were central to loans for his Doral and Chicago properties, while the bank applied its own “sanity checks” to some of the numbers. The testimony added to prosecutors’ claim that Trump’s paperwork helped him secure financing, even as the bank adjusted some valuations on its side.

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Trump Fraud Trial Testimony Put His Loan Papers Back Under the Microscope

A Deutsche Bank risk officer testified on October 11, 2023, that Trump’s financial statements were central to loans for his Doral and Chicago properties, while the bank applied its own “sanity checks” to some of the numbers. The testimony added to prosecutors’ claim that Trump’s paperwork helped him secure financing, even as the bank adjusted some valuations on its side.

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