Deutsche Bank raided for ...wait for it
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Truthmatters
why are you SOOOOO desperate to lie about the Democratic party at the very moment the entire right wing world is crumbling ?
gee I wonder why
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Truthmatters
Police raid Deutsche Bank offices in money laundering case
By david rising and frank jordans, associated press
BERLIN — Nov 29, 2018, 2:03 PM ET
The Associated Press
A police officer walks in the backyard of Deutsche Bank headquarters during a raid in Frankfurt, Germany, Thursday, Nov. 29, 2018. (AP Photo/Michael Probst)
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German authorities raided Deutsche Bank's headquarters Thursday amid suspicions that its employees helped clients set up offshore companies that were used to launder hundreds of millions of euros.
About 170 police officers, investigators and prosecutors swooped in on the bank's offices in Frankfurt and premises in nearby Eschborn and Gross-Umstadt at 10 a.m. (0900 GMT), seizing electronic and paper records.
The investigation emerged from an analysis of documents leaked from tax havens in recent years, including the 2016 "Panama Papers," said Frankfurt prosecutors' spokeswoman Nadja Niesen.
It is focused on two Deutsche Bank employees, aged 50 and 46, and possibly other still unidentified suspects, she said. At least one site raided was a suspect's home.
Analysis of the Panama Papers and other documents "gave rise to suspicion that Deutsche Bank was helping clients set up so-called offshore companies in tax havens and the proceeds of crimes were transferred there from Deutsche Bank accounts" without the bank reporting it, Niesen said.