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11/6 Previous Guy admits to being a Fraudster [1]

['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']

Date: 2023-11-06

Trump’s “Inducing” banks to grant loans also shows the intent to defraud them of millions in lost interest.

Donald Trump appears to have been calmly, expertly guided into an admission of fraud under questioning from the NY Attorney General's lawyer today.

Referring to Page 105 of a Deutsche Bank term loan agreement, the lawyer asks Trump if he signed the guaranty.

Trump replies "yes."

The lawyer then asks if Trump can see that it says "in order to induce lending," and Trump again says "yes."

Attorney General's lawyer: "Little Roman i, it says as of June 30, 2011. Do you believe it was true and accurate?"

Trump: "Yeah, I do."

In other words, Trump admitted that his misrepresenting the value of his property was INTENDED to convince banks to loan him money.

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