Trump Made a Fortune Inflating His Assets, NY Tells Court (3)

Oct. 2, 2023, 9:42 PM UTC

Donald Trump wanted to get higher on the Forbes billionaires list and save a fortune on loan terms by overvaluing his properties, according to evidence that a lawyer for New York Attorney General Letitia James previewed for a packed courtroom at the former president’s civil fraud trial.

Clips of sworn testimony by Trump Organization officials and emails with the Trump family’s bankers were featured in the state’s opening statement Monday as New York argued that the company falsified asset values to get better terms from Deutsche Bank AG and others.

Former US President Donald Trump, center.
Photographer: Curtis Means/Daily Mail/Bloomberg

Trump, 77, sat at the defense table in the ...

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