politics @lemmy.world · 9 months ago

Trump deceived Deutsche Bank, former exec testifies

www.motherjones.com

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Trump deceived Deutsche Bank, former exec testifies

www.motherjones.com

jeffw@lemmy.world to

politics @lemmy.world · 9 months ago

He vastly overstated his wealth to obtain favorable loan deals, prosecutors allege.

A former Deutsche Bank executive testified this week that the German financial behemoth only agreed to make massive loans to Donald Trump because of Trump’s vast personal fortune. The problem? The bank apparently thought, based at least partly on financial statements provided by Trump, that he was far wealthier than he really was.

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TigrisMorte@kbin.social
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9 months ago
So what? All Deutsche Bank did was front for Russian money laundering to 45. They would have done that regardless of what they were told.

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