Deutsche Bank made more than $6.8 million off the Trump Organization in a single year, an executive reportedly testified at Donald Trump’s civil fraud trial Wednesday.
Managing Director Rosemary Vrablic took the stand in Trump’s $250 million fraud trial to present evidence that her bank profited from its business relationship with his company in the 2010s, according to an ABC News report.
"Your family is in the top 10 revenue generating names of Asset and Wealth Management now,” Vrabic wrote in a 2014 email to Trump's daughter Ivanka, according to the report.
Vrablic’s boss was "thrilled with how it's grown,” she wrote.
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The bank made more than $6.8 million in fees, according to reports of her testimony.
Vrablic was brought in by Trump’s defense team to detail how Deutsche Bank profited from its efforts to “whale hunt” a business relationship with the then-real estate tycoon, reports show.
New York Attorney General Letitia James contends the bank would have earned more had executives known Trump was worth millions less than first appeared, Law360 reporter Stewart Bishop noted Wednesday.
Judge Arthur Engoron has already found Trump, who denies wrongdoing, liable for fraud. The ongoing New York trial is largely to determine damages.
