Image Credits: Pablo Martinez Monsivais/AP Photo..
The bean counters say President Trump and Jared Kushner are crooks, but the bean managers say, “Hey, do we really want to piss off the most powerful man in the world and his son-in-law?”
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.
One reason so few people land a punch against Donald Trump is because so many people refuse to risk swinging and missing. This has been a public service announcement aimed at Nancy Pelosi…