Drudge Retort: The Other Side of the News
Wednesday, March 13, 2019

The New York attorney general's office late on Monday issued subpoenas to Deutsche Bank and Investors Bank for records relating to the financing of four major Trump Organization projects and a failed effort to buy the Buffalo Bills of the National Football League in 2014, according to a person briefed on the subpoenas. The inquiry opens a new front in the scrutiny of Deutsche Bank, one of the few lenders willing to do business with Donald J. Trump in recent years.

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.


Related?

BaFin to Deepen Deutsche Bank Money Laundering Investigation (Feb 2019)
www.financemagnates.com

...Deutsche Bank released a statement on Friday saying that BaFin, the German financial regulator, has extended the remit of an independent auditor examining the lender's role in the Danske Bank money laundering scandal.

The case stems from an ongoing investigation into the Danish bank's Estonian division.

Asia Trading Summit – The Leading Investment Event in China

After a whistle-blower sounded the alarm about the activity of certain customers, most of whom were from Russia and the former Soviet Union, in late 2018, it became apparent that Danske Bank's Tallinn-based operations were doing business with some less than scrupulous individuals.

It is alleged that the bank laundered around $225 billion from 2007 to 2014. If that is the case, it would potentially be the largest instance of money laundering ever uncovered.

Deutsche Bank falls into the mix as it acted as Danske Bank's main correspondent bank. According to the Financial Times, the German bank was responsible for facilitating $180 billion in suspicious transactions....



Deutsche Bank Offices Are Raided In Money Laundering Probe (Nov 2018)
www.npr.org

...In recent years, Deutsche Bank has been in the news not only for its prominence in the Panama Papers, but also for its ties to President Trump, in a tumultuous relationship that goes back some 20 years.

Trump and the bank once sued each other after he failed to repay a $300 million loan. And the author and reporter Luke Harding has described a "shuffle of money" between the bank's dealings with figures in Russia and its business with Trump. ...


#1 | Posted by LampLighter at 2019-03-12 11:24 AM | Reply

The New York attorney general's office late on Monday issued subpoenas to Deutsche Bank and Investors Bank for records relating to the

POSTED BY LAMPLIGHTER AT

Welp, it's Tuesday. They haven't found anything yet, time to shut it down..

-- the DR rrriiiiiggghhhtttt

#2 | Posted by MrSilenceDogood at 2019-03-12 11:29 AM | Reply | Funny: 4

Donald Trump is going to prison.

#3 | Posted by Zed at 2019-03-12 11:30 AM | Reply


The three articles here provide some amazingly bad optics. Normally, at this point, I'd just dismiss it as a coincidence.

However, if only Pres Trump hadn't famously stated that Mr Muller can investigate anything except the Trump finances....

#4 | Posted by LampLighter at 2019-03-12 11:54 AM | Reply | Newsworthy 2

Lots of innocent people tell the police they can't look in the trunk.

Nope, not suspicious at all.

I think if Fat Nixon had his way, he would have fired Mueller a year ago. He may yet still though it is way way way too late to do so. In his dementia addled mind I think he believes that Faux Infotainment will save him.

#5 | Posted by Nixon at 2019-03-12 12:28 PM | Reply | Newsworthy 3

Hmmm. The loan files will have borrower tax returns, unless our Grifter in Chief convinced them that the files are too big. Lenders get what they want. And the NY State AG gets what she wants. She wants loan files, and gets tax returns.

The twitter rants will commence shortly, and to no effect...

#6 | Posted by catdog at 2019-03-13 12:51 PM | Reply

For a while I thought it was plausible that trump could secretly be really smart.

Then I realized really smart crooks with closets full of crimes don't seek the most highly scrutinized job in the world.

Trump's only genius is in his ability to know how to win religous level loyalty from bigots and morons. He knows how they think because he's one of them.

#7 | Posted by SpeakSoftly at 2019-03-13 08:55 PM | Reply

If someone misses that this is 100% politically motivated, they are being actively ignorant. We cannot have weaponized justice departments hunting for political rivals. This is exactly what Obama did to the DOJ and FBI and it sickens me.

#8 | Posted by nobiasposter101 at 2019-03-13 10:08 PM | Reply

Forget about Mueller. Trump has a very serious SDNY problem. This isn't going away.

#9 | Posted by JeffJ at 2019-03-14 11:57 AM | Reply

Trump has a many decades long history of defrauding customers and sub-contractors. His family charity was a fraud and shut down. He made fraudulent claims for storm damage at Mar-a-largo. The list of fraud and deceit is epic. So far his victims have been the little people. Sadly that is business according the right.

The question that remains is his business built on bank fraud and money laundering. If so, he deserves poverty and prison.

#10 | Posted by bored at 2019-03-14 01:42 PM | Reply

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2019 World Readable

Drudge Retort