Tuesday , April 20 2021

Deutsche Bank's Money Laundering Options – The Economic Journal



Nearly 170 police officers have seen six Deutsche Bank branches in Frankfurt on Thursday about the cost of money laundering, the prosecutor of Frankfurt said in a statement quoted by Bloomberg. The aim of the search is two employees of the largest German bank, suspected of tax fraud.

This investigation stems from the release of "Panama Papers" and these two unidentified employees of Deutsche Bank will help customers of the largest German bank for account creation near the coast for washing money.

Deutsche Bank has already announced a statement confirming the search, revealing that it cooperates with the authorities.

Shares react sharply on the Frankfurt Stock Exchange, devaluations up to 3.61%.


Source link