BREAKING: New York Attorney General Letitia James blindsides Ivanka Trump during today’s testimony by releasing bombshell courtroom evidence that proves that Ivanka was FULLY AWARE that her father Donald Trump committed financial fraud.
Attorney General James showed the judge devastating emails in which Ivanka Trump proposed lowering the required net worth for her father Donald Trump to personally back the Deutsche Bank loan that he eventually ended up receiving.
According to Attorney General James, the final agreement for the Deutsche Bank loan required that Donald Trump, as the guarantor, maintain a minimum net worth of $2.5 billion — down from the initial $3 billion that the bank initially required.
The email revealed by James in court today shows that Ivanka personally proposed a change to lower the net worth requirement for her father to $2 billion — a tacit admission that she KNEW that her father was over-inflating his net worth, which at the time, Donald Trump declared was $4.2 billion on the statement of financial condition that he filed when he applied for the billion dollar loan.
According to Attorney General James, this fraud allowed Trump to obtain better loan rates. An expert witness for the attorney general testified earlier in the trial that Trump’s “ill-gotten gains” from the fraud totaled a whopping $168 million.
Not only is this devastating for Ivanka and Donlad Trump in this massive $250 civil fraud trial — it also exposes them to criminal liability, which Attorney General James has hinted she may later charge them criminally.
Tick-tock, Donald and Ivanka…
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