Trump's Finances Under Scrutiny as Former Deutsche Bank Manager Testifies in Fraud Trial
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Deutsche Bank's former risk manager testified he believed Trump's claims about his net worth when approving a $125M loan in 2011.
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Deutsche Bank was Trump's largest lender from 2011-2021, loaning him over $2 billion.
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The $125M Deutsche loan in 2011 was secured by Trump's Doral golf course, an unusual form of collateral.
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The loan terms required Trump to maintain a $2.5B minimum net worth, which NY AG says was inflated.
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A judge already found Trump and associates liable for fraud before the trial to determine penalties.