Deutsche Bank staff saw suspicious Trump and Kushner activity report

In explosive New York Times report on Russia-linked bank, fired employee says nothing happened after she raised concerns

Several financial moves by legal entities controlled by Donald Trump and Jared Kushner between 2016 and 2017 triggered suspicious activity alerts inside Deutsche Bank, a major lender to the Trump family, according to a report in the New York Times.


Recommended PRODUCTS
  • Specializing in telecommuting and work from home jobs.
  • Are you frustrated that your expensive karoke player does not let you play.
  • Spend Quality Time With The Kids While They Develop Their Fine Motor, Reading And Other Skills.
  • The Latest Boat Design Software Start building your dream Boat In 5 Mins
  • Reveals 1 Unusual Tip To Eliminate Excessive Sweating Forever In 48 Hours
  • Discover One Weird Trick That Forces Your Body To Eliminate Hemorrhoids In 48 Hours
  • Your guide to extraordinary over 50 fitness health and wellness.
  • Play popular music without years of effort in your own unique style.
  • The scientifically proven way of adding inches of real height at any age.
  • Time To Make Bank... Again: Surviving The Final Bubble.
  • Dont Let Social Anxiety Control Your Life Any Longer. Start Living.
  • A Truly Unique Extract Of The Greatest Methodologies For Keeping The Body And Mind Young And Agile.
  • Bulletproof Home Ridiculous Hook Puts Insane In Your Bank Account
  • Clickbank Ads
     

    The newspaper said it had been in touch with five existing or former Deutsche Bank employees, one of whom spoke on the record. They said they had been alerted to possible illicit activity when they were working in the team responsible for combating money laundering, and had recommended the federal government be notified.

    Suspicious activity reports were prepared for filing with the US treasury for investigation as possible federal financial crimes. According to the Times, bank executives overruled the employees and did not alert the government.

    The Times pointed out that the red flags raised by employees do not necessarily mean the transactions were improper.

    Deutsche Bank has become a lightning rod for concerns about the financial propriety of real-estate deals pursued by Trump and his wider family, including his son-in-law Kushner, a key adviser, before and after the billionaire entered the White House. Trump is thought to have borrowed at least $2bn from the German bank some $300m still outstanding.

    In the House of Representatives, Democrats have been drilling into the link between the Trump Organization and Deutsche Bank. Last month two committees financial services and intelligence issued subpoenas for documents from the bank.

    Trump counter-attacked by launching a lawsuit against Deutsche Bank in an attempt to stop it complying with the subpoenas. The lawsuit claimed the demand for documents amounted to harassment of the president and his family.

    The former Deutsche Bank employee who spoke openly to the Times, Tammy McFadden, said she prepared suspicious activity reports and recommended they be sent to federal watchdogs.

    You present them with everything, and you give them a recommendation, and nothing happens, she said.

    Donald
    Donald Trump passes his adviser and son-in-law Jared Kushner at the White House in 2017. Photograph: Kevin Lamarque/Reuters

    McFadden told the Times she was fired after raising concerns about transactions, among them contacts between Kushner Companies and Russian individuals in the summer of 2016. Deutsche Bank has been fined for laundering billions of dollars for Russians.

    Deutsche Bank told the Times the suggestion that anyone was reassigned or fired in an effort to quash concerns relating to any client is categorically false. The bank also told the Times it had increased its scrutiny of potential money laundering.

    The Trump Organization said it had no knowledge of any flagged transactions with Deutsche Bank.

    Kushner Companies said any allegation involving its links with Deutsche and money laundering were totally false.

    Among Trump’s claims of a fake news conspiracy against him, the Times is a prominent target. In a statement to Reuters about the Deutsche Bank report, a Kushner Companies spokeswoman sounded a familiar note, saying the paper tries to create scandalous stories which are totally false when they run out of things to write about.

    Original Article : HERE ; This post was curated & posted using : RealSpecific

     


    RELATED PRODUCTS
  • Are you frustrated that your expensive karoke player does not let you play.
  • Spend Quality Time With The Kids While They Develop Their Fine Motor, Reading And Other Skills.
  • Specializing in telecommuting and work from home jobs.
  • Discover A Habit Busting Program Gives You The Ability You Have Always Wanted.
  • Download it right now to your desktop so you can look up any chord instantly
  • Profit From Jump Racing And Pay Just 1 Per Month
  • Become A Certified Usui Reiki Healing Master With The Latest Reiki Certification Program.
  • Discover How Your Beliefs and Emotions Affect Your Ability To Achieve All Your Goals And Dreams.
  • The Best RSS Autoblog Tool For Blogger Blogspot Blog.
  • Quickly cure your acid reflux and enjoy permanent freedom from heartburn
  • Your guide to extraordinary over 50 fitness health and wellness.
  • Learn how you can easily create mobile apps to generate passive income.
  • Take Action Today And Bank Up To 500 Every 30 Minutes Using My Secret Money Methods
  • Automated Monitoring Tool To Protect Your Amazon Fba Listings Against Hijacker Activity.
  • Clickbank Ads
     

    Thank you for taking the time to read our article.

    If you enjoyed our content, we'd really appreciate some "love" with a share or two.

    And ... Don't forget to have fun!

    Recommended

    Leads2List Agency 200

    Leads2List is a proven software, that will help you unlock fresh lead source. So, you are aware of the benefits. So, now is the time to earn recurring income by becoming a reseller for Leads2List. You can sell the software under your own name and keep 10

    ClipsReel - 100 ReadyMade Blogs (Resellers License)

    Get access to 100 Ready-Made Profitable Niche Blogs that you can easily install, easily add your own Amazon, ClickBank and Adsense ads and start making money. All these blogs come with RESELLERS LICENSE>

    Leave a Reply