Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts

NYT ^ | May 19, 2019 | David Enrich

[Sacajaweau]

Fake news continues...........

[Gay State Conservative]

Let's see now..."Deutsche"...German....is there a single person in Germany that doesn't *hate* DJT?

No,I didn't think so.

Also,IIRC Deutsche Bank is currently teetering on the brink of bankruptcy...many,many,*many* problems.

[rxsid]

"This is to keep the lunatic base going."

More specifically, to erode Trumps support with "independents" and any (D)'s who voted for him in 2016.

They do that, and Trump can't win in 2020, there just aren't enough conservatives...or even (R)'s who aren't never Trumper's out there to get him elected.

[Army Air Corps]

according to five current and former bank employees.

Funny, how the NYT fails to mention any names or positions. They could be parking lot attendants for all we know.

[butlerweave]

Isn’t Deutsche Bank under investigation for money laundering $20 billion for the Russians ,LOL

[Magnatron]

All you have to do is transfer 10000 or more to get flagged.

I just got flagged three times last week, but the bank helped me break the transfers up to be $9,999.99 and less. For a Trump-sized transaction, I’m sure that would be difficult.

[reformedliberal]

...Deutsche Bank under investigation for money laundering $20 billion for the Russians ...
_____________
I thought I read they are about to go under? Can’t recall details.

[Logical me]

Fake news. The communists NYT is panicking. Along with the rest of the communists Democratic Party.

[CurlyDave]

Actually, this is a positive development.

It “inoculates” DJT against this news becoming an October surprise.

By the time of the election, it will be old news and not worth reporting.

[rigelkentaurus]

So what. Several times in the past couple of years, I received calls from my credit card companies flagging “suspicious” transactions, which were all legitimate. The computer algorithms are helpful in stopping fraud and such, but they are always correct. Just because a computer algorithm flags something doesn’t make it a real issue.

[Boomer One]

Actually banks will track transactions as low as $2,500.

Note that article quotes someone who could qualify as a disgruntled employee for losing their job. I suspect that these comments are motivated more by personal prejudice than bank procedure. Since the narrative supports the effort to smear Trump, it’s big news to the media.

[boycott]

I see a businessman working a bank. I see nothing wrong with that.

[RayChuang88]

Not one source was named, nor any criminal charges cited.

Something right out of the Soviet Union-era Pravda or Izvestia or the Nazi Party newspaper Völkischer Beobachter.

[silverleaf]

DB is one of the dirtiest banks in Europe but most of them have been linked to laundering money

And this waaaaay predates Trump entering poitics and affects every client they have, who ought to be bailing on them for breach of fiduciary care

$18 billion in fines so far and probably tip of theiceberg

[Aevery_Freeman]

Yep. Every time I move a CD from one bank to another (chasing rates again - thanks to TRUMP) over that amount I get a letter.

[Lockbox]

But what about this Suspicious Activity?

Deutsche Bank handled $150 billion of potentially suspicious flows tied to Danske - WSJ

https://www.reuters.com/article/us-danske-bank-moneylaundering-deutsche-idUSKCN1NP1U5

SOMEHOW I THINK THIS TRUMPS THE LATEST ARTICLE!

[Rock N Jones]

Sure! I had thought that your banking was private? But Mueller must be an absolute incompetent after squandering $30 plus millions turning over every leaf and coming up with goose eggs and missing a juicy money laundering scheme at the Douche Bank ?

[grey_whiskers]

I thought that was the dictionary definition of structuring, which is what got former Speaker of the House, Denny Hastert, in trouble...

[lastchance]

How does that compare to similar accounts? Were the alerts from activity that would be considered routine for that number of holdings? Can political motive of these employees be dismissed? Are there automatic triggers for certain transactions? How do these bankers define money laundering?

[Hostage]

The employees were likely of the Christopher Steele ilk and the payments were likely to pro-Israeli business investments.

The anti-Trump hysteria was and still is to a large extent in full-swing in Europe because of the plain fact that Trump was known to be pro-Israel and anti-globalist.

The reason Deutsche Bank principals might have told their hand-picked globalist underlings to stand down or the underlings decided on their own to hide their tails is that the bank’ management was indicted for fraud.

https://www.newyorker.com/magazine/2016/08/29/deutsche-banks-10-billion-scandal