Additionally, the statute being used as the predicate for the case is a consumer fraud statute, intended to protect borrowers from predatory lenders. In the four corners of this case, Trump is the borrower, and the banks were the lenders. The New York attorney general flipped the statute to claim the borrower defrauded the lenders, despite the lenders denying there was any fraud and stating there was no harm.<ref>https://theconservativetreehouse.com/blog/2023/11/02/trump-attorney-alina-habba-summarizes-status-of-new-york-case-against-trump-business-organization/</ref> | Additionally, the statute being used as the predicate for the case is a consumer fraud statute, intended to protect borrowers from predatory lenders. In the four corners of this case, Trump is the borrower, and the banks were the lenders. The New York attorney general flipped the statute to claim the borrower defrauded the lenders, despite the lenders denying there was any fraud and stating there was no harm.<ref>https://theconservativetreehouse.com/blog/2023/11/02/trump-attorney-alina-habba-summarizes-status-of-new-york-case-against-trump-business-organization/</ref> |