Deutsche Bank And Their 150 Million Dollar Jeffrey Epstein Mistake

Deutsche Bank And Their 150 Million Dollar Jeffrey Epstein Mistake

In July 2020, New York state regulators fined Deutsche Bank $150 million for its failure to properly monitor its relationship with Jeffrey Epstein, along with other high-risk clients. The New York Department of Financial Services (DFS) determined that the bank ignored clear warning signs while maintaining Epstein as a client from 2013 to 2018, years after his 2008 sex-crime conviction. Regulators found that Deutsche Bank processed millions in suspicious transactions for Epstein, including payments to women with Eastern European surnames and large cash withdrawals that should have triggered scrutiny. The DFS concluded that the bank chose profit over compliance, prioritizing Epstein’s business despite internal concerns that he posed legal and reputational risks.

The fine was the first major enforcement action against a financial institution for its role in facilitating Epstein’s activities. Regulators detailed how Deutsche Bank repeatedly failed to file Suspicious Activity Reports (SARs) despite obvious red flags tied to Epstein’s network of shell companies and payments structured to look like consulting or tuition expenses. The settlement required Deutsche Bank to improve oversight and compliance systems, but it also underscored a larger problem: financial institutions were essential enablers of Epstein’s empire, allowing him to move money and maintain access to elite circles even after his conviction. The $150 million penalty was significant in size, yet critics argued it was still a slap on the wrist for a global bank that had enabled Epstein’s financial maneuvering for years.




To contact me:

bobbycapucci@protonmail.com



source:

https://www.cnbc.com/2020/07/07/jeffrey-epstein-case-deutsche-bank-fined-150-million-penalty-for-relationship.html

Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.

Jaksot(1000)

The Lifelong Impact Of The Abuse By Jeffrey Epstein

The Lifelong Impact Of The Abuse By Jeffrey Epstein

The long-term impact of Jeffrey Epstein’s abuse on survivors has been profound, stretching far beyond the immediate trauma of exploitation. Many have spoken about enduring struggles with trust, intima...

17 Helmi 29min

Brad Edwards Breaks Down His Battle Against Jeffrey Epstein

Brad Edwards Breaks Down His Battle Against Jeffrey Epstein

Bradley J. Edwards spent more than a decade fighting what many believed was an untouchable power structure surrounding Jeffrey Epstein. Based in Florida, Edwards began representing victims in the mid-...

17 Helmi 33min

The New York Times  Targets The USVI With An Epstein Related Lawsuit

The New York Times Targets The USVI With An Epstein Related Lawsuit

In 2023, The New York Times filed a lawsuit against the U.S. Virgin Islands Economic Development Authority after the agency refused to release records related to Jeffrey Epstein and the substantial ta...

17 Helmi 37min

MCC Corrections Officer Michael Thomas And His OIG Interview Related To Epstein's Death (Part 1) (2/16/26)

MCC Corrections Officer Michael Thomas And His OIG Interview Related To Epstein's Death (Part 1) (2/16/26)

Michael Thomas was a veteran correctional officer employed by the Federal Bureau of Prisons at the Metropolitan Correctional Center in Manhattan — a federal detention facility — where Jeffrey Epstein ...

16 Helmi 14min

Left vs. Right Is a Distraction: The Cross-Partisan Web Around Epstein  (2/16/26)

Left vs. Right Is a Distraction: The Cross-Partisan Web Around Epstein (2/16/26)

Jeffrey Epstein’s rise, protection, and long run of abuse cannot be honestly framed as a partisan scandal. He cultivated relationships across the political spectrum—courting Democrats and Republicans,...

16 Helmi 21min

Flooding the Zone: How Volume Replaced Clarity in the DOJ's Epstein Document Dump  (2/16/26)

Flooding the Zone: How Volume Replaced Clarity in the DOJ's Epstein Document Dump (2/16/26)

The Department of Justice is trying to sell finality where there is still fog. After a chaotic rollout of Epstein-related materials, officials have framed the release as complete and urged the public ...

16 Helmi 19min

'Uncle Jeffrey’: New DOJ Files Detail Epstein’s Troubling Obsession with Celina Dubin (2/16/26)

'Uncle Jeffrey’: New DOJ Files Detail Epstein’s Troubling Obsession with Celina Dubin (2/16/26)

Newly released United States Department of Justice files, as reported by The New York Post, reveal disturbing details about Jeffrey Epstein’s long-standing and unusually close involvement with Celina ...

16 Helmi 16min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
ootsa-kuullut-tasta-2
tervo-halme
rss-ootsa-kuullut-tasta
politiikan-puskaradio
viisupodi
et-sa-noin-voi-sanoo-esittaa
rss-podme-livebox
otetaan-yhdet
rss-vaalirankkurit-podcast
radio-antro
linda-maria
the-ulkopolitist
rss-kaikki-uusiksi
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-asiastudio
io-techin-tekniikkapodcast
rss-kiina-ilmiot
rss-mina-ukkola
rss-hyvaa-huomenta-bryssel