Note that anti-money-laundering experts inside Deutsche Bank in 2016 and 2017 flagged suspicious money flows involving entities “controlled by” Trump and Kushner.
Why am I not surprised that Deutsche Bank would be his bank of choice?
— Norman Ornstein (@NormOrnstein) July 23, 2019
Deutsche Bank helped Jeffrey Epstein move millions of dollars in cash and securities, people familiar with the matter say (corrects an earlier tweet, which has been deleted, that said the accounts held tens of millions of dollars) https://t.co/wq8VFl4Z1E pic.twitter.com/aQ5ZAfIeED
— The Wall Street Journal (@WSJ) July 23, 2019
What many of us suspected: Deutsche Bank is possibly involved in Epstein’s criminal finances. Whether it was sex trafficking money or money laundering, the similarities between this story and the @nytimes piece abt Trump and Deutsche Bank from weeks ago are alarming. THREAD /1 https://t.co/jGYzRDaF4A
— Robert J. DeNault (@robertjdenault) July 23, 2019
2019: Dealings with Donald Trump
The US Congress issues subpoenas to Deutsche for documents related to the bank’s dealings with Donald Trump. The New York Times reports that senior Deutsche executives blocked employees from alerting the federal government about suspicious activity alerts linked to Trump and Jared Kusher in 2016 and 2017.
Deutsche was one of Trump’s biggest lenders, sticking by the real estate mogul when other US banks refused to lend after he went through a series of bankruptcies. Trump is thought to have borrowed at least $2bn from Deutsche with about $300m outstanding.
The bank’s entanglement with the Trump family dates back to the 1990s when Bankers Trust continued to lend to him when others had pulled out. In 2008 Trump claimed the financial crisis was an unforeseen event and refused to repay $330m to Deutsche, countersuing for $3bn compensation for Deutsche’s role in the crisis.
Trump and Deutsche’s commercial real estate division settled in 2010 but Deutsche’s private banking business continued to lend to Trump.
There needs to be an investigation into Deutsche Bank. https://t.co/JW0nuCUkZv
— Citizens for Ethics (@CREWcrew) July 16, 2019