Did Letitia James’ Case Against Trump’s Business Empire Just Completely Fall Apart?
Documents and testimony from former President Donald Trump’s civil fraud trial this week may undermine New York Attorney General Letitia James’ case against him.
The bank James alleges Trump defrauded was eager to land him as a client over a decade ago, according to documents presented Wednesday during his civil fraud trial and reported by The Associated Press, and a 17 -year employee of the bank testified Tuesday that the adjustments the bank made to his net worth were not unusual. Judge Engoron ruled in September in the lawsuit brought by James that Trump defrauded banks and insurance companies by inflating his net worth and overvaluing assets.
After then-managing director of Deutsche Bank, Rosemary Vrablic, met with Donald Trump Jr., she wrote in a November 2011 email to colleagues that they were “whale hunting” — a term Vrablic explained Wednesday refers to a very wealthy client, according to the AP.
Trump’s legal team introduced emails and documents Wednesday that detailed the bank’s interest in cultivating a relationship with Trump.
The bank’s projected revenue from business with Trump increased from $13,000 in 2011 to an estimated $6 million in 2013, a document that was introduced during the trial showed, according to The Hill. (Read more from “Did Letitia James’ Case Against Trump’s Business Empire Just Completely Fall Apart?” HERE)
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