Why Trump Deutsche Bank records are important

[Jersey Devil]

All the NY DA has to do is compare the financial records Trump submitted to Deutsche Bank to get loans to the tax returns he submitted to the IRS. If they are different (i.e. less income in tax returns than in financial statements submitted to Deutsche Bank), then he is guilty of bank fraud. It is actually a very simple case.

It is routine for banks to make borrowers sign an authorization to release tax returns directly from the IRS to the banks when making loans (I have seen it many, many times in simple mortgage loans), so it is also possible that when Deutsche Bank handed his records over to the DA the official tax returns filed with the IRS might also be included with the financial records submitted to the bank.

[live love laugh]

1. I can hear Trump speaking to Barr now:

Trump: “DO SOMETHING!”

Barr: It’s too late. Maybe you will get “lucky” again and somebody there will commit “suicide”.

[hlthe2b]

2. psst.. Deutsche

(I tutored in German for a while, so forgive my pickiness)


But, yes, I agree. This is a big damned deal. I think we may well have Michael Cohen to thank for this.

[Jersey Devil]

4. thanks (nt)

x

[Botany]

5. Ja! Ich bin ein pferdkopf

n/t

[hlthe2b]

6. vielleicht?

[DFW]

12. Mag sein

Aber bist Du auch ein Berliner, und wenn schon, mit Erdbeermarmelade oder Apfelkompott?

[Botany]

16. hello.

Jawohl. Und warum ist der apfelstrudel in mein lederhose?

[DFW]

17. Keine Ahnung

Ich habe ihn jedenfalls NICHT dahingetan!

[Mike 03]

3. But it's also the underwriting of Trump loans by VTB

I'm actually more interested in this than the inflation/deflation of asset values, because it raises the question of why Putin would underwrite such risky loans. Was he literally guaranteeing Trump's debt? Was this repayment for the fact that Trump allowed billions of Russian dollars to be laundered into Trump properties? This could point directly to money laundering, the Rosetta stone some of us have been hoping to uncover.

Trump Deutsche Bank Loans Underwritten By Russian State-Owned Bank, Whistleblower Told FBI

Deutsche Bank’s loans to Donald Trump were underwritten by Russian state-owned VTB Bank, according to the whistleblower whose collection of thousands of bank documents and internal communications have captured the recent attention of federal investigators.

Val Broeksmit acquired the emails and files of his late father, Deutsche Bank executive William S. Broeksmit, after Broeksmit tragically took his own life in 2014.

Val informed the FBI in late 2019 about his knowledge of VTB’s underwriting of Trump’s loans, information he attributed to a network of sources connected to the bank he cultivated over the past five-plus years.

Underwriting is the process where financial institutions assess the ability of potential customers to fulfill their obligations. Underwriters have access to “credit and financial information, as well as the state of the [property],” according to US News, though underwriters can sometimes be unknown to the person seeking the loan.

https://forensicnews.net/2020/01/03/trump-deutsche-bank-loans-underwritten-by-russian-state-owned-bank-whistleblower-told-fbi/

[crickets]

14. Now there's an interesting detail. nt

[oasis]

7. Keep the pressure on, Trump's squirming is a delight. nt

[cannabis_flower]

8. Or taxi fraud

Or both. He could have reported less income than he actually received to the IRS. Or he could have done both. He could have made $200 million (hypothetical numbers) only reported $150 million to the IRS and also told the bank he made $300 million.

[zaj]

9. Not sure this makes sense

If he have them financial records that conflict with him tax records, he can argue there was no fraud on his part. And the prosecution ends up going after the bank for allowing it

[ScratchCat]

13. Applying for a loan with false information

is a felony. If what he submitted to DB differs from what he submitted to the IRS, both sets of documents can't be accurate.

[Fiendish Thingy]

10. They can also compare to NY state tax returns, which they already have. Nt

[DIVINEprividence]

11. Comey sht all over Clinton 11 days out

Turnabout is fair play. I hope indictments drop on Trump 11 days before the election. That would be poetic justice. BTW. Fck Comey. I don’t buy his kiss ass apology tour. He is an a-hole and he stuck us with this orange nightmare

[DFW]

15. If Trump got loans that far exceeded the value of what he ever could have paid back

A lot of uncomfortable questions arise. Who authorized them? Why? What did Trump put up as collateral, and did it really exist? If so, whose was it? Where did it originate?

Even if he just gave vague outlines to crooked accountants, it's his signature on the form. I doubt the sympathy vote would compensate for his being led out of the White House in handcuffs a week before the election.

I know, I know, that's just a fantasy, but even Fox Noise would have to report an impending indictment, even if they try to spin it into the "witch hunt" that Trump will be screaming about on a daily basis for they next five years, or until his debilitating stroke that prevents it, whichever comes first.