Deutsche Bank Kept Epstein’s Money Moving as Red Flags Flew
- New York’s DFS cites five years of compliance failures
- Seeking cash, without the alerts; ‘Once a week? Twice a week?’
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When Deutsche Bank AG sought out Jeffrey Epstein as a client, he was a convicted Florida sex offender with a publicized taste for young eastern European women.
The bank helped him send millions of dollars to his alleged co-conspirators. It handled transfers to women with Russian bank accounts. And it didn’t fuss when the financier’s personal lawyer asked how much cash he could withdraw without drawing attention -- after which the lawyer showed up scores of times to collect the maximum, $7,500 per trip.