Exclusive footage obtained by MSNBC reveals former President Donald Trump’s deposition during his ongoing civil fraud trial in New York. The trial, initiated by New York Attorney General Letitia James in September 2022, alleges that Trump inflated his assets and defrauded lenders and insurance companies, seeking $250 million in damages and a lifetime ban from the real estate industry for Trump and his sons.
In a surprising turn, James recently increased the damages sought to $370 million while intensifying efforts for a lifetime ban. The footage aired on MSNBC showcases Trump asserting himself as the victim of fraud, emphasizing the financial strain caused by legal fees.
A noteworthy moment in the deposition occurred when MSNBC host Lisa Rubin reacted with laughter while reporting on Trump’s complaints about the burden of legal fees, highlighting the media’s polarized perspective on the former president.
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In another development, a Deutsche Bank executive testified in November, potentially bolstering Trump’s defense. The executive, involved in approving one of Trump’s loans, suggested that it is not uncommon for a client’s asset values to be reduced by the bank while approving a loan, especially for high-profile clients like Trump.
David Williams, the Deutsche Bank executive, emphasized that a difference in opinion on asset values doesn’t disqualify a borrower from securing a loan. This testimony challenges the narrative presented by Letitia James and may play a crucial role in Trump’s defense.
The trial, overseen by Judge Engoron, is expected to conclude by the end of the month, with significant implications for Trump’s potential damages and industry bans. The exclusive deposition footage adds intensity to the ongoing legal battle, and observers will closely monitor the judge’s ruling and subsequent reactions from both sides. The trial’s outcome could significantly influence public perception of Trump’s business dealings and post-presidential legal challenges.
