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Deutsche Bank Just Destroyed Letitia James’ Civil Fraud Case Against Trump

A Deutsche Bank executive destroys the corrupt Letitia James' lawsuit aqainst Trump.
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On Tuesday an executive with Deutsche Bank, David Williams, who approved one of the loans given to Donald Trump utterly destroyed the corrupt Letitia James persecution prosecution of President Trump for which there were no victims. Williams explained the process that loan applications are processed by banks and his testimony completely exonerates Trump. The only thing that ever differs in loans to responsible borrowers see is the interest rate, which is based on the risk involved for the loan.

Radical Marxist New York Attorney General Letitia James is seeking $250 million in ‘damages’ in a criminal trial for which there is no victim. When the co0rrupt James ran for office her platform was that she would “get” President Trump. No doubt once Trump wins his case he would have an easy lawsuit charging James with malicious prosecution. I believe he could file the suit in Florida which would not be beneficial to James. She would not have an all Democratic jury.

A Deutsche Bank executive who worked to approve at least one of Trump’s loans said that the valuations the borrower puts on assets is not carved into stone and it is not unusual for thereto be a conflict in valuation of property and that would not get a loan application tossed as long as an agreement could be made. He pointed out that his bank made a tidy profit and would love to do business with Trump again. This type of lending is typical in high net-worth, high-profile clients like Donald Trump. Anyone with basic knowledge of banking, lending, portfolio and credit risk management knows this.

Bloomberg reported:

“A Deutsche Bank AG 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.”

From The Gateway Pundit

Williams testified that Trump’s stated assets are merely an opinion and a difference of opinion in asset values does not disqualify the potential borrower from a loan.

“It’s just a difference of opinion,” Williams said, according to Bloomberg.

Late last month far-left New York Judge Arthur Engoron blasted Trump’s lawyers and said fining Trump for ‘illegal profits’ is an ‘available remedy’ – in a fraud case with zero victims.

Engoron said fining Trump for ‘illegal profits’ is an available remedy…even though there are no victims and a Deutsche Bank executive testified that loaning Trump was a “good credit decision.”

Trump’s former lawyer Michael Cohen, a convicted felon, testified last month.

Last month, Michael Cohen, a known liar, told the court that Trump inflated his assets. He continued his testimony later that week where he admitted in court that Trump never ordered him to inflate his financials.

“So Mr. Trump never asked you to inflate the numbers on his financial statement,” Trump attorney Cliff Robert asked Michael Cohen, according to CNN.

“Correct,” Michael Cohen said.

Trump’s lawyer Cliff Robert immediately asked the judge to dismiss the trial because Cohen, the key witness, just told the court that Trump never instructed him to inflate his assets.

Judge Engoron denied the motion to dismiss and it was at this point that Trump got up and abruptly walked out of the courtroom.

“The witness just admitted that we won the trial and the judge should end this trial immediately,” Trump said after he stormed out of the courtroom last month.

 

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Comments 14

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  2. Russ says:

    Why would anyone ever trust our judges and judicial system again after watching Engoron ignore the facts and evidence in his vendetta to get Trump.

    • David Barron says:

      Nope, Trails are always political and not based on the truth, facts, or procedures. There is always a deal going on. Our court system is a total one way joke now days.

    • Margie says:

      No One would unless they have rocks for brains. DOJ, FNI, CIA, IRS ARE ALL CORRUPT! The judges and the attorney, prosecutors are all bought and paid for by Soros money machine. This country is truning out to be a nother Communist country like China, Russia, N. Korea, Venezueala, and Cuba. If you morons are not worried, you are part of the problem….

  3. Ron C says:

    The truth has no place in a kangaroo court run by bias judges and prosecutors, the game is to get conservatives and Trump! Even if they make up law and fake evidence, that is the reality in our new commie nation!

  4. Sam Houston says:

    Looking more and more like ol’ Letitia James didn’t do her due dilligence home work before she started politically attacking Donald Trump. Now I suspect she will continue the fight as a do or die policy as her career is over. In fact, since this is all a political hack from the Judge down to the Prosecutor I would say they better be ready for a massive law suite from Trump.
    I see the democrats fighting tooth and nail knowing full well that their hostility and false accusations, lies, and actions are beging brought out and they are looking more and more foolish. This will result in Democrats not to be in control for next 25 years at least or until the present crooks are brought to trial and sentenced for their actions.

  5. David Barron says:

    Now that the Vic has destroyed her claim of fraud, that there was no fraud, do you think she will withdraw charges? Hell no! This is a poltitical circus from the start and she and the Democratic leadership are the ringleaders. This has nothing to do with the law.

    • MORE ON says:

      Thisis notthe place for yur bull shit! we don’t care what you made or did not make…so wake up you moron!

  6. Tim Kuehl says:

    Makes no difference, the corrupt judge declared Trump guilty before the trial began so doesn’t care about facts and has no concept how the real world works. This trial is only to determine how much he and James can steal from Trump.

  7. Fantastic post. Really Cool.

  8. Shaketa says:

    Thank you for sharing your thoughts. I really appreciate your
    efforts and I am waiting for your further write ups thanks once again.

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