Deutsche Bank found a lot of irregularities with transactions that came into the Trump and Kushner accounts.

By |2019-05-19T10:39:08-08:00May 20th, 2019|Categories: News|Tags: , , , , |17 Comments

Color me unsurprised. 

Courtesy of NYT:

Anti-money laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog.

The transactions, some of which involved Mr. Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to five current and former bank employees. Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they believed should be sent to a unit of the Treasury Department that polices financial crimes.

But executives at Deutsche Bank, which has lent billions of dollars to the Trump and Kushner companies, rejected their employees’ advice. The reports were never filed with the government.

The nature of the transactions was not clear. At least some of them involved money flowing back and forth with overseas entities or individuals, which bank employees considered suspicious.

The article goes on to say that real estate developers like Trump and Kushner often deal with large sums of cash that come from foreign entities and that in of itself that does not indicate illegal activity, but according to sources Deutsche Bank has a history of looking the other way when wealthy clients like Kushner and Trump break the rules or even the law. 

Besides, we know now that Trump rarely allows anything as insignificant as the law stand in his way when he has the chance to make money. 

I am pretty convinced that when Congress gets their hands on these bank records it will lead to all sorts of discoveries that Trump is desperate to keep hidden. 

About the Author:

This blog is dedicated to finding the truth, exposing the lies, and holding our politicians and leaders accountable when they fall far short of the promises that they have made to both my fellow Alaskans and the American people.

17 Comments

  1. Anonymous May 20, 2019 at 5:32 am

    LOL, this is giving little donnie a heart attack, he was on twitter with his usually lies and boy are they a doozy..he doesn’t need banks because “Now the new big story is that Trump made a lot of money and buys everything for cash, he doesn’t need banks,” Trump said…

    OMG, would this man learn English .. buys everything for cash.. is NOT correct English..he should be deported or given the TEST he wants to give immigrants 🙂

    They need to repeat the episode of Frontline, the bankers all said they wouldn’t lend him money because he is such a LOUSY BUSINESSMAN and they didn’t want another BAD LOAN with Donald trump.

    All cash business, no wonder he doesn’t pay taxes, no paper trail, but it is just another one of his lies, if he always pays in cash then why did he pay off the porn star with a CHECK ( if ever there was a time to use cash, it is paying off your one night stand while your third wife is home with the newborn).

    • Anon May 20, 2019 at 7:39 am

      tinydjt tweet>Looks like Bernie Sanders is history. Sleepy Joe Biden is pulling ahead and think about it, I’m only here because of Sleepy Joe and the man who took him off the 1% trash heap, President O! China wants Sleepy Joe BADLY!
      7:08 AM – May 20, 2019

      The fact that Trump can’t come up with an insulting nickname for Biden is an indication that Trump doesn’t know what to do with the former vice president.

      Trump is AFRAID of Biden. Joe Biden is going to be strong in Pennsylvania, Michigan, Wisconsin, Iowa, and potentially Ohio if he is the Democratic nominee. Trump sees the end of his presidency and the beginning of his possible criminal trial in Joe Biden. He is so afraid that when he tries to attack Biden, all that comes out is a mangled word salad that nobody understands.

      https://www.politicususa.com/2019/05/20/trump-word-salad-joe-biden.html

    • anon May 20, 2019 at 8:26 am

      https://thinkprogress.org/trump-deutsche-bank-loans-new-york-times-financial-history-f8ea4a7256fb/

      If Trump doesn’t need banks, why does he keep asking them for loans?

      tinydjt tweet>
      ….Now the new big story is that Trump made a lot of money and buys everything for cash, he doesn’t need banks. But where did he get all of that cash? Could it be Russia? No, I built a great business and don’t need banks, but if I did they would be there…and DeutscheBank……

  2. Marthe May 20, 2019 at 7:02 am

    Well said 5:32 am.

    Since everything he says is a lie, then the opposite of what he says must be true and he must be leveraged up to his yin yang.

    I don’t believe for one instant that he doesn’t need banks. As a matter of fact, his net worth is probably well below one billion and he would be in a very bad position if all his loans were called in today. We’ll find out and I just hope that it’s before the next election.

  3. OK May 20, 2019 at 7:31 am

    https://www.politicususa.com/2019/05/19/bank-staff-flagged-trump-kushner-transactions-for-money-laundering.html

    “Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday.” “The Times said the transactions, some of which involved Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to the former bank employees.

    Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they believed should be sent to a unit of the Treasury Department that polices financial crimes, according to the newspaper.

    The Times reported the bank employees viewed the decision not to report the transactions as a result of a lax approach to money laundering laws. They said there was a pattern of bank executives rejecting reports to protect relationships with lucrative clients, according to the newspaper.

    One employee who reviewed some of the transactions said she was terminated last year after raising concerns about the bank’s practices”

  4. aNOn May 20, 2019 at 7:44 am
  5. Anonymous May 20, 2019 at 8:17 am

    https://www.rawstory.com/2019/05/how-deutsche-bank-covered-up-for-trump-and-kushner/

    Kerrie McHugh, a Deutsche Bank spokeswoman>“At no time was an investigator prevented from escalating activity identified as potentially suspicious,” “Furthermore, the suggestion that anyone was reassigned or fired in an effort to quash concerns relating to any client is categorically false.”

    https://www.rawstory.com/2019/05/he-reeks-of-dread-nyts-charles-blow-relishes-trumps-fear-fibbing-as-money-laundering-bombshells-explode/

    He reeks of dread…”I can just imagine the beads of sweat forming on the philtrum above his upper lip as his thumbs tap this falsehood on this phone. He grimaces; I smile.”

  6. anonymous May 20, 2019 at 9:21 am

    “Prosecutors at the U.S. Attorney’s Office for the Southern District of New York are combing through a giant stash of documents related to President Donald Trump’s inauguration, reports CNN’s Kara Scannell.

    According to Scannell, prosecutors in New York have obtained “tens of thousands” of inauguration-related documents, which she describes as “a sign that the investigation into the committee’s finances is advancing.”:<rawstory

  7. $BM May 20, 2019 at 10:29 am

    https://www.politico.com/story/2019/05/20/congress-donald-trump-investigations-1331677

    Veteran lawmakers are increasingly alarmed over the president’s claim that Congress can’t police him.

  8. Anon May 20, 2019 at 11:59 am

    Yep Deutsche Bank and Danske Bank are money laundry service for trump and putin to conduct their evil business of raping the world and creating chaos. Both will be indicted and charged. Both are lousy low life turds floating in the sewer swamp.

    • Anon May 21, 2019 at 12:07 am

      Hillary, who won, will handle it.

  9. Anon May 20, 2019 at 12:08 pm

    Jared is such a qunt.

  10. WA Skeptic May 20, 2019 at 12:12 pm

    Has anyone decided to try to figure out where the $500 Million came from that paid off his SIL’s overleveraged building?

  11. Anonymous May 20, 2019 at 10:21 pm

    No shit.

    We want to see it ALL.

Comments are closed.