Deutsche Bank HQ in Frankfurt raided over suspected money laundering

[Fullduplexxx]

Deutsche Bank HQ in Frankfurt raided over suspected money laundering
German authorities have raided Deutsche Bank’s headquarters in Frankfurt over suspected money laundering at the country’s largest lender.

Officers from the financial regulator BaFin, the federal police, and the Frankfurt public prosecutor’s office launched a raid on the bank’s glass-panelled offices – known locally as the “twin towers” – on Friday morning after securing a search warrant from the local court.

Deutsche Bank said the issue had been self-reported and it was “fully cooperating” with police and prosecutors who launched the raid on its offices at 10am.

https://www.theguardian.com/business/2022/apr/29/deutsche-bank-hq-frankfurt-raided-suspected-money-laundering

[Evolve Dammit]

1. Good. Anytime huge financial institutions reach the threshold of evidence that leads to warrants

and raids are in the interest of enforcing rules and regulations put in place to prevent abuse.

[OMGWTF]

2. I recall that TFG's personal banker at Douche Bank was Anthony Kennedy's son, the SCOTUS justice

who resigned and TFG replaced him with Boof Kavanaugh.

[DFW]

3. The German legal system allows for what is called a "Selbstanzeige."

It roughly translates out to "accusing yourself." Sort of a mirror image of our 5th Amendment.

If you are guilty of something, and are pretty sure you will be accused and/indicted for it, if you turn yourself in before they come for you, the penalty can be (though there is no guarantee) milder than it would have been if you had tried to avoid prosecution, or waited until they had to come for you. Sort of an unspoken bargain: make it easier on us, and we'll go easier on you--maybe.

[Mr. Evil]

5. "make it easier on us, and we'll go easier on you--maybe."

Heh, heh, heh.

[DFW]

8. I'm sure there are limits

"Hello, Polizei? I just cut my mother-in-law into ribbons while alive, and fed the scraps to the cats. There may be some left if you get here in time." Things like that probably garner somewhat less leniency............

[thenelm1]

4. What took them so long? This suspicion had been in the news for several years already. n/t

[TrollBuster9090]

6. In Other News...

The Watergate was dusted for fingerprints after a botched robbery attempt by GOP operatives, and the Roman Senate was sprayed with luminol after rumor that something might have happened to First Consul Julius Caesar.

F--k, the fact that Deutsche Bank has been laundering money has only been a front page headline since 2008. WHAT'S THE RUSH?

[peppertree]

7. Douche Bank

Ve have vays of making your money talk.

[Captain Zero]

9. Let's Hope Against Hope that

This brings to light the Russian money that was laundered through Deutsch Bank to Donald Trump, Republicans, and the NRA.
ITS ABOUT TIME THERE WAS A SMOKING GUN OPEN AND SHUT CASE ON THESE BASTARDS.

Maybe the Germans will save our ass from Fascism this way rather than a Normandy Landing. Which is fine with me.

[peppertree]

10. If only the people in the know could just live long enough...

They seem to have low life expectancies lately.