Insights from Ivanka Trump's Testimony in New York Fraud Trial

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Source: CNN
Insights from Ivanka Trump's Testimony in New York Fraud Trial
Photo: CNN
TL;DR Summary

Ivanka Trump testified in the New York fraud trial brought by the attorney general's office, where she was questioned about her role in securing loans for the Trump Organization and a penthouse apartment she leased from her father. The attorney general alleges that financial statements were falsified to inflate Trump's net worth and obtain better loan rates. Ivanka Trump discussed the financing of loans for the Doral Golf Resort & Spa through Deutsche Bank and her involvement in lowering the net worth requirement for the loan. She also addressed the valuation discrepancy of the penthouse apartment. The trial has concluded for the attorney general's case, and now the Trump team will mount their defense.

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