Trump's Financial Statements: Key to Loans or Testimony?

A retired bank official, Nicholas Haigh, testified in Donald Trump's civil fraud trial that Trump obtained hundreds of millions of dollars in loans using financial statements that have been deemed fraudulent by a court. Haigh, who worked at Deutsche Bank, stated that Trump's statements of financial condition were crucial in securing loans for his Doral golf resort and Chicago hotel. The judge ruled last month that Trump and his company committed years of fraud by inflating the value of assets and net worth on financial statements. Trump denies any wrongdoing, emphasizing disclaimers on the documents. Haigh's testimony marks the first time a bank official has testified about the impact of Trump's financial statements on loan approvals.