Loading...
A former Deutsche Bank risk manager testified at Donald Trump's civil fraud trial that he made decisions on hundreds of millions of dollars in loans based in part on inflated financial statements. The testimony highlights the allegations of fraud against Trump, who is accused of presenting fake numbers to banks. This comes after Trump's recent fall off the Forbes 400 List and his claims of being attacked by Forbes. The trial also heard evidence regarding the size of Trump's NY penthouse, with conflicting claims of it being 30,000 or 10,000 square feet. Allen Weisselberg, Trump's former chief financial officer, testified that it measured 10,000 square feet. The trial continues to unfold as more details emerge.
DID TRUMP LIE ABOUT HIS FUNDRAISING? Donald Trump’s 2024 presidential campaign reported third-quarter receipts of $24.5 million to the Federal Election Commission on Sunday — a little more than half of the $45.5 million number it bragged about earlier this month! So Trump… https://t.co/08fZSIkgTX
A former Deutsche Bank risk manager testified at Donald Trump’s civil fraud trial that he made decisions on hundreds of millions of dollars in loans based in part on inflated financial statements https://t.co/hx3MiqK45v
Why did Trump’s net worth sink in 2023? Because Truth Social tanked. Newsletter: https://t.co/6StiYpap0y
Donald Trump will reportedly return to the courtroom of his civil trial next week, where Michael Cohen is expected to testify against him. Click to read more from @besslevin: https://t.co/dD716WxCXk
Former President Trump is planning on returning to the civil fraud trial against him and his company next week to watch the testimony of his former lawyer Michael Cohen, two sources say. https://t.co/I0pOPAlCh3
Donald Trump plans to return to court in New York next week for his civil fraud trial, according to people with knowledge of the matter. The appearance would likely bring him face-to-face with his former fixer Michael Cohen, who is expected to testify. https://t.co/8t2SUGnc5O
Donald Trump is planning a return to the civil fraud trial against him in New York next week to observe the testimony of his former lawyer and fixer Michael Cohen https://t.co/epfcCL4ckL
Trump Will Attend NYC Fraud Trial Next Week, Reports Say https://t.co/jAWIxHhAuw https://t.co/xjBYnFJVmm
A former Deutsche Bank risk manager testified at Donald Trump’s civil fraud trial that he made decisions on hundreds of millions of dollars in loans based in part on inflated financial statements https://t.co/ww4NZ9FRyi
A former Deutsche Bank risk manager testified at Donald Trump’s civil fraud trial that he made decisions on hundreds of millions of dollars in loans based in part on inflated financial statements https://t.co/VKEHJFjbLM
Many Trump supporters don't seem to get that just because banks "may not have been harmed" lending to Trump based upon his fictitious valuations - they knew his number were crap, it is still fraud to present the fake numbers. And let's not forget that Trump declared bankruptcy… https://t.co/HAM4V42kjI
Even Trump's biggest lender, Deutsche Bank, just admitted in court that they KNEW Trump lied his ass off on his financial statements and they'd have to apply the "Trump haircut" to get a more realistic number, usually by half. Deutsche has since quit Trump.
A former Deutsche Bank risk manager testified at Donald Trump’s civil fraud trial that he made decisions on hundreds of millions of dollars in loans based in part on inflated financial statements https://t.co/GVnNZqxSWb
So Duetsche Bank testified today that they had a thing called "The Trump Haircut." That was when they would price down Trump's estimated net worth from his SFC's when lending him money. Typically this was about half. So, if Trump said he was worth $4 billion, they would… https://t.co/Ob4Sd0Vywu
Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial. https://t.co/LHyvxXOnBT
Trump lied. [On Wednesday, James' civil fraud trial against the Trump Organization heard evidence from Allen Weisselberg, the Trump Organization's former chief financial officer, who said Trump's apartment in Trump Tower measured some 10,000 sq feet ( 929 sq m)—not 30,000 sq… https://t.co/kuhb06ptpE
Did Trump lie about his NY penthouse being 30,000 feet?
Donald Trump doesn’t care about falling off the stupid Forbes 400 List of the richest Americans, as he explained in two lengthy Truth Social tirades against the “failing” magazine. https://t.co/rdCmIK7rQC
After a recent jail stint for tax fraud, Donald Trump's longtime finance chief Allen Weisselberg is set to testify today in the fraud lawsuit against the Republican former president and his company the Trump Organization. https://t.co/jsHzp6XK7p
Ex-Trump Org. CFO Allen Weisselberg says he knew Trump's apartment size was inflated: Weisselberg said he was aware that Trump's Trump Tower apartment was 10,000 square feet — not the 30,000 square feet used to determine its value on financial statements. @NBCNews
Trump's NY penthouse is objectively 10,000 square feet. Trump claimed it was 30,000 feet in his SFC. Explain how this was not a lie. [Trump valued his triplex apartment at $327 million in 2015 and 2016 financial statements, based on claims it was 30,000 square feet in size.… https://t.co/XeQj4LdiMD
Trump Falsely Claims Forbes ‘Attacked’ Him After He Falls Off 400 List @forbes https://t.co/fyYtgeMipg