Deutsche Bank has a reputation for shady and possibly illegal/unethical practices, especially as related to money laundering scandals, so it makes perfect sense they would be the only major bank to do a lot of business with utter business failure Donald J. Trump and his family.
Now, a whistleblower has revealed that high ranking Deutsche Bank officials have been covering up credible suspicious activity reports (SARs) about Trump and his top aide/son in law, Jared Kushner, lending both billions of dollars over the past few years for real estate deals:
A bank employee discovered that the Trump Foundation and Jared Kushner both executed transactions that raised concerns about possible money laundering during the 2016 election and in 2017. When the whistleblower revealed Kushner’s suspicious activities with Russians to her superiors, Deutsche Bank fired her.
Ms. Tammy McFadden, a longtime anti-money laundering specialist in Deutsche Bank’s Jacksonville office, said she had reviewed the transactions and found that money had moved from Kushner Companies to Russian individuals.
She concluded that the transactions should be reported to the government — in part because federal regulators had ordered Deutsche Bank, which had been caught laundering billions of dollars for Russians, to toughen its scrutiny of potentially illegal transactions.
The more and more that the Times and eventually congressional Democrats dig up about Trump, Kushner and Deutsche Bank, the more and more proof of this family’s and this administration’s corruption the public will have.