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Trump Exaggerated His Wealth in Bid for Loan, Michael Cohen Tells Congress

Feb 27, 2019 - The New York Times
Net Worth, Wealth, and Assets

In early 2014, Donald J. Trump approached his personal bankers at Deutsche Bank to sound them out about potentially lending him money to buy the Buffalo Bills. He provided the bankers with a collection of bare-bones personal financial statements.

The documents were provided so that Deutsche Bank — the only major bank that had consistently been willing to do business with Mr. Trump over the previous two decades — could make a preliminary decision about whether to make the loan.