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Facts Matter

Bank Executive Blows Up Letitia James’ Argument Against Trump | Facts Matter

Facts Matter

The Epoch Times

News, Politics, News Commentary

4.91.3K Ratings

🗓️ 30 November 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

On Tuesday, the ongoing legal battle that former President Donald Trump is facing in New York experienced a bit of a twist. 🇺🇸 Epoch Times 25¢ Sale: https://ept.ms/RomanSale1

The testimony that was given by an executive from Deutsche Bank appeared to completely shatter the narrative being pushed forward by New York Attorney General Letitia James, who brought forth a civil lawsuit accusing President Trump, three of his adult children, as well as the Trump Organization of lying about their asset values when applying for bank loans.

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Views expressed are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.

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Transcript

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0:00.0

Just yesterday, the ongoing legal battle that President Trump is facing right here in

0:16.6

New York experienced, you could say, a bit of a twist.

0:20.1

That's because the testimony that was given by an executive from Deutsche Bank, it appeared

0:24.4

to completely shatter the narrative that was being pushed by Ms. Latzisha James, the

0:29.0

Attorney General of New York.

0:30.6

However, in order to explain the significance of what this executive said while on the

0:35.0

witness stand, well, I need to quickly set the stage for you regarding this entire lawsuit.

0:46.0

As you may know, included among the myriad of different legal cases that have been lobbied

0:50.7

against President Trump, you have the case, which was brought forth by the New York Attorney

0:54.7

General, Ms. Latzisha James.

0:56.9

This 200-page civil lawsuit was brought forth back in September of last year, and it accuses

1:02.2

President Trump, three of his adult children, as well as the Trump organization itself,

1:07.0

of lying about their asset values when applying for bank loans.

1:10.0

Quote in her lawsuit, Ms. James claimed that over a 10-year period from 2011 through 2021,

1:15.8

President Trump and the other defendants had engaged in numerous acts of fraud and misrepresentation

1:20.4

in the preparation of Mr. Trump's annual statements of financial condition, which included

1:24.3

deceiving insurers, tax officials, and lenders by allegedly inflating the value of his properties,

1:30.1

including his Mar-a-Lago estate over in Florida.

1:32.4

Ms. Latzisha James claims that this lawsuit of hers is the result of a three-year-long

1:36.7

investigation, and here's specifically what she is hoping to achieve with the actual case.

1:41.2

Quote, Ms. James, a Democrat, is seeking $250 million in penalties in once the ban President

1:47.1

Trump from doing business in New York and from engaging in real estate acquisitions in

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