Michael Cohen testimony to the House Oversight Committee:
As previously stated, I’m giving the Committee today three years of President Trump’s financial statements, from 2011-2013, which he gave to Deutsche Bank to inquire about a loan to buy the Buffalo Bills and to Forbes. These are Exhibits 1a, 1b, and 1c to my testimony.
It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed among the wealthiest people in Forbes, and deflated his assets to reduce his real estate taxes.
This could be the most consequential part of the Cohen hearing, if true. You can't inflate your worth to get a loan. That's loan fraud https://t.co/cXpnkKKGAC via @bpolitics— Shannon Pettypiece (@spettypi) February 27, 2019