MSNBC reporter Lisa Rubin recently stated that her “jaw almost dropped” when she realized Ivanka Trump’s testimony provided “proof” that former President Donald Trump “was robbing Peter to Pay Paul” via Media Ite.
Ivanka Trump recently testified Wednesday in the $250 million civil fraud case against her father. Donald Trump’s adult sons, Donald Trump Jr. and Eric Trump recently testified that they never knew details of the Trump Organization’s accounting practices. Both sons have also been charged in the case.
“At the very end of her direct, they elicited some information that also made my jaw drop, and it’s this: Donald Trump, as part of his lending agreements with Deutsche Bank promised them a number of things. One of them is that he guaranteed that he could repay the principal and the income and the operating expenses of whatever asset he was borrowing for. And that’s a big guarantee,” Rubin said, continuing:
“What we learned today is that behind the scenes, Donald Trump entered into an agreement with each of his three adult children, whereby they pledged assets of their own to help him satisfy the guarantee, which, according to his contract with Deutsche Bank, was supposed to be his and his alone.
He was literally borrowing money from his kids’ piggy banks to satisfy Deutsche Bank that he had enough money to borrow from them what he had. And I’m not sure the impact of that struck everyone in the courtroom, but like I said, my jaw almost dropped. I almost dropped my phone on the floor. I was just astonished by the proof that Donald Trump was robbing Peter to pay Paul, so to speak.”
While on the stand, Ivanka Trump repeatedly claimed she “didn’t recall” when questioned by the prosecution. New York Attorney General Letitia James has vowed to prove that Ivanka Trump personally benefitted from the Trump Organization’s fraudulent business practices, even though the former first daughter has not been charged in the case.
