Monday, May 20, 2019

Follow The Laundry: Trump & Deutsche Bank

As we've posted in the past, among the foreign lenders that con man and fraudster Donald "Not Exonerated" Trump turned to when U.S. lenders shut the door on him after multiple bankruptcies, Deutsche Bank was the most willing to loan him money. The bank has become notorious for money laundering, in particular for corrupt Russian and Saudi money.

Yesterday's New York Times report that staff at Deutsche Bank observed and reported suspicious transactions in the accounts of Trump and his grifting son-in-law Jared "Mr. Ivanka Trump" Kushner in 2016 and 2017 fits the pattern. Deutsche Bank officials received the reports, which were intended to go to Federal financial crimes officials, but deliberately withheld them, which also fits their pattern.

Trump's (and by extension Kushner's) financial records have always been Trump's self-described "red line," because he knows that they contain evidence of fraudulent activities, and would lead to the explanation of why he's so solicitous of Russian and Saudi autocrats. That's why he took to Twitter this morning  to push back on the Times' report with a flurry of tweets filled with the usual lies and "Fake Media" outbursts. He's also filed lawsuits to keep Deutsche Bank (and CapitalOne) from releasing his financial records, which have been subpoenaed by the House of Representatives. Like all of his obstruction activities, they're not the actions of an innocent man.

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