The New York attorney general, Letitia James, sued Mr. Trump in 2022 for inflating his net worth on his annual financial statements to receive favorable loans from banks, notably including Deutsche Bank. Before the trial, the judge found that the statements were filled with examples of fraud; the trial will determine any consequences the former president may face. Mr. Trump has protested the premise of the case, insisting that the banks did their own due diligence and that misstatements in the financial documents would not have affected the overall terms of the loans. The bankers who testified this week supported that argument when asked about the loan process. He said repeatedly that the bank had performed that diligence and factored its own analysis into the relationship with Mr. Trump.

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Persons: Donald J, Trump, Letitia James, ” David Williams Organizations: New, Mr, Deutsche Bank Locations: New York