Deutsche Bank Staff Flagged Suspicious Activity With Trump, Kushner

WASHINGTON, DC - DECEMBER 7: (L to R) U.S. President Donald Trump talks with White House Senior Advisor to the President Jared Kushner as they attend a Hanukkah Reception in the East Room of the White House, December... WASHINGTON, DC - DECEMBER 7: (L to R) U.S. President Donald Trump talks with White House Senior Advisor to the President Jared Kushner as they attend a Hanukkah Reception in the East Room of the White House, December 7, 2017 in Washington, DC. Hanukkah begins on the evening of Tuesday, December 12 this year. (Drew Angerer/Getty Images) MORE LESS
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Anti-money laundering investigators at Deutsche Bank flagged to bank executives multiple suspicious transactions on President Donald Trump and Jared Kushner’s accounts in 2016 and 2017, according to a Sunday New York Times report.

Five current and former Deutsche Bank employees told the New York Times that after computer alerts flagged suspicious activity, the specialists would put together recommendations urging bank executives to report the activity to the Treasury Department.

However, executives refused to act on the recommendations and kept the reports from the Department.

Tammy McFadden, an ex-Deutsche Bank employee who reviewed such alerts, said she found that money had been moved from Kushner Companies to Russian individuals. McFadden claimed she was later fired in retaliation for questioning the bank’s handling of potential money laundering schemes.

Since Deutsche Bank is the only mainstream financial institution in the U.S. to loan the Trump family money anymore, the bank’s come under heavy scrutiny as Democrats seek to dig into Trump’s business dealings.

The President personally sued the bank in April to prevent it from complying with House Democrats’ subpoenas of Trump’s financial records.

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Notable Replies

  1. Douchebank.

  2. Avatar for pine pine says:

    “Five current and former Deutsche Bank employees told the New York Times that after computer alerts flagged suspicious activity, the specialists would put together recommendations urging bank executives to report the activity to the Treasury Department.”

    How high do the bricks have to get before the big I is voted on ?

  3. Of course, all the executives — including former Associate Justice Anthony Kennedy’s son, Justin — covered it up. May they all rot in jail.

  4. Avatar for noonm noonm says:

    Tammy McFadden, an ex-Deutsche Bank employee who reviewed such alerts, said she found that money had been moved from Kushner Companies to Russian individuals.

    Subpeona time! Sounds like Kushner needs a seat in front of house committees

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