Deutsche Bank employees reported suspicious activity from Trump and Kushner, New York Times reports

[applegrove]

Last edited Mon May 20, 2019, 03:22 AM - Edit history (2)

(applegrove:
The bank executives get bonuses that Trump pulling his money out of the bank would destroy. He is that big. This is bribery at the top of banks these bonuses. See 60 Minutes story tonight on executives ignoring dirty money in europe too. Maybe they should lose their bonuses in the years they covered up corruption? Or maybe the financial penalties for bank corruption should go to whistleblowers even if they are the owners of the dirty money? That would make the execs not trust corruption.

CNN story

Deutsche Bank employees reported suspicious activity from Trump and Kushner, New York Times reports

By Jill Disis, CNN

https://www.cnn.com/2019/05/19/business/deutsche-bank-trump-kushner/index.html

"SNIP......


New York (CNN Business)Deutsche Bank's anti-money laundering specialists once recommended that transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a US agency that investigates financial crimes, according to a new report in the New York Times.

The Times reports that Deutsche Bankemployees flagged the transactions in 2016 and 2017, and that at least one of the reports involved the Donald J. Trump Foundation, which is now defunct.

Executives at Deutsche Bank rejected the advice of their specialists, according to the Times, which reported that the recommendations were never filed with the Treasury Department's Financial Crimes Enforcement Network.

The Times, which spoke with five current and former Deutsche Bank employees, also said the nature of the transactions "was not clear," though the newspaper added that at least some of them involved "money flowing back and forth with overseas entities or individuals, which bank employees considered suspicious."

......SNIP"


And the 60 Minutes story:

https://www.cbsnews.com/news/how-the-danske-bank-money-laundering-scheme-involving-230-billion-unraveled-60-minutes-2019-05-19/?ftag=CNM-00-10aab7d&linkId=67601961

[BigmanPigman]

1. And the honest employee who followed the rules got fired by them

afterwards. Her managers were supposed to report it but they didn't and fired her instead and collected hefty bonuses. Why are they still employed and not in jail?

[moondust]

2. Watched the 60 Minutes story.

They said it's basically up to the big banks to do their due diligence and stop it. Unfortunately, I don't see that happening with Dump and Barr mismanaging the DOJ. Dump is likely neck deep in the Russian money laundering himself so he doesn't have the moral authority or respect for the rule of law to go after others. It's liable to get worse, not better.

How Russian Money Helped Save Trump’s Business

Trump Sold a $40 Million Estate to a Russian Oligarch for $100 Million—and a Democratic Senator Wants to Know Why

[UTUSN]

3. K&R

[Amyishere]

4. NOW can we impeach him????