On Sunday, The New York Times reported that Deutsche Bank analysts who specialize in money-laundering recommended the bank notify federal investigators about possible criminal activity detected in accounts controlled by President Donald Trump and his son-in-law Jared Kushner.
According to bank officials, suspicious transactions started back in 2016, prompting bank employees to sound the alarm.
“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,” the report states.
According to the report, high-ranking officials at the bank who appear to be deeply in bed with Trump and Kushner to the tune of billions of dollars in loans ignored their employees’ advice and the federal government was never alerted, until now.
You can read the Times report here.