Headline Roundup • May 20th, 2019
Trump Discounts New York Times Story On Deutsche Bank Transactions
Summary from the AllSides News Team
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Townhall
President Trump hit back against a New York Times report about bank employees flagging ‘suspicious activity’ in accounts controlled by him and his son-in-law Jared Kushner, blasting it as more fake news by a paper that will go out of business when he leaves office.
“The Failing New York Times (it will pass away when I leave office in 6 years), and others of the Fake News Media, keep writing phony stories about how I didn’t use many banks because they didn’t want to do business with me,” he said...
New York Times (News)
Anti-money-laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog.
The transactions, some of which involved Mr. Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to five current and former bank employees. Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they believed should be sent to a unit of the Treasury Department that...
President Donald Trump once again went after The New York Times on Twitter, this time to deny and deride its report that anti-money laundering specialists with Deutsche Bank flagged transactions involving himself and his son-in-law, Jared Kushner.
Software designed to identify illegal activity alerted the staff about the transactions, involving the now-shuttered Trump Foundation and business entities owned by Trump and Kushner, the Times reported Sunday, citing five current and former Deutsche Bank employees.
After reviewing the transactions, bank staff prepared to file suspicious activity reports to send to the...
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