The Briefing Room

General Category => Trump Legal Investigations => Topic started by: mystery-ak on May 19, 2019, 10:31:10 pm

Title: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: mystery-ak on May 19, 2019, 10:31:10 pm
Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
By Rachel Frazin - 05/19/19 01:52 PM EDT

Deutsche Bank anti-money laundering personnel reportedly recommended turning over information about transactions by entities owned by President Trump and his son-in-law, Jared Kushner, to a government watchdog in 2016 and 2017, but the bank's executives apparently declined to do so.

The transactions, including some connected to the now-dissolved Trump Foundation, were flagged by the bank's computer system, which was set up to find unlawful activity, five current and former employees told The New York Times. After this, staffers reportedly put together suspicious activity reports they thought should be sent to the Treasury Department for investigation.


The reports, however, were not filed with the department, according to the newspaper. The Times reports that it was not clear what the transactions were, but some of them involved money going between the entities and foreign companies or individuals.

more
https://thehill.com/policy/finance/444462-bank-staff-highlighted-suspicious-activity-in-trump-kushner-controlled
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: MajorClay on May 20, 2019, 02:42:40 pm
They should be fired.
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: skeeter on May 20, 2019, 02:49:52 pm
Its this kind of sh*t which in the past basic journalistic ethics would have prevented from ever being committed to print. How far standards have slid.
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: mystery-ak on May 20, 2019, 02:54:24 pm
Trump rips 'failing New York Times' over report about bank staff's concerns of 'suspicious activity': 'WRONG!'
https://thehill.com/homenews/administration/444509-trump-rips-failing-new-york-times-over-report-about-banking-concerns
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: ABX on May 20, 2019, 03:02:43 pm
They should be fired.

Federal law requires transactions over a certain amount to be flagged and reviewed regardless of who they belong to
You would be firing them for following the law. If they ignored flagging then, they would be in violation of the law.

https://blog.fraudfighter.com/bid/80625/Bank-Secrecy-Act-The-10-000-Rule

Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: skeeter on May 20, 2019, 03:06:01 pm
Federal law requires transactions over a certain amount to be flagged and reviewed regardless of who they belong to
You would be firing them for following the law. If they ignored flagging then, they would be in violation of the law.

https://blog.fraudfighter.com/bid/80625/Bank-Secrecy-Act-The-10-000-Rule
Does federal law require they speak to the press about activity in private accounts?
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: Sanguine on May 20, 2019, 03:20:45 pm
Federal law requires transactions over a certain amount to be flagged and reviewed regardless of who they belong to
You would be firing them for following the law. If they ignored flagging then, they would be in violation of the law.

https://blog.fraudfighter.com/bid/80625/Bank-Secrecy-Act-The-10-000-Rule

But, they didn't report them.  Whatever they were.
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: aligncare on May 20, 2019, 03:26:08 pm
Does federal law require they speak to the press about activity in private accounts?

Yes. I think it’s called the Orange Man Bad law. Been on the books, oh...two and a half years. It’s unofficial, but generally accepted.
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: dfwgator on May 20, 2019, 03:52:24 pm
 :yawn2:
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: Wingnut on May 20, 2019, 03:59:11 pm
Journalistic malpractice as the slimes continues its attempt to be the new National Enquirier
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: rustynail on May 20, 2019, 04:11:23 pm
TWACI.
Title: Re: Bank staff highlighted 'suspicious activity' in Trump-, Kushner-controlled accounts: report
Post by: ABX on May 20, 2019, 05:15:58 pm
Does federal law require they speak to the press about activity in private accounts?

Unrelated. The article calls out the flagging as abnormal, when it is an every day occurrence.