I wouldn’t be surprised one bit.
New York AG Letitia James campaigned on her ghetto-nurtured jihad to “get Trump” but first she had “to find a crime.” She brazenly alleged ——using govt power-—that Trump and his company defrauded Deutsche Bank by submitting his inflated net worth statements to get a better interest rate and, in doing so, he also violated loan requirements called covenants.
Then came the evidence at trial.
A bank professional—— Deutsche Bank managing director of its wealth management group, trained to detect bank fraud-—testified in court that large changes to net worth like Trump’s wealth “isn’t unusual.”
The bank always anticipates beforehand that the net worth of high-wealth clients like Donald Trump can certainly be elevated on self-reported financial statements.
However official bank policy is that fact alone wouldn’t necessarily stop the bank from issuing the loan.
And didn’t for Trump......he got his loan, he paid it back, the bank made money.