Jeffrey Epstein sex trafficking probe: Deutsche Bank looks into funds moved overseas from pedophile’s SEVERAL DOZEN accounts after alerting federal agents to possible financial crimes
- Jeffery Epstein opened several dozen accounts at Deutsche Bank in the five years he was enrolled in its private-banking and wealth-management groups
- He also received a number of loans for himself and his business from Deutsche Bank reports The New York Times
- Deutsche Bank struggled to locate all of Epstein’s accounts after cutting ties with him last year, and he was still making transactions as of May
- Epstein was reported to federal gents for suspicious activity by executives at Deutsche Bank earlier this year
- The financial institution now wants to determine if he used any of the money from his accounts with the bank to fund sex trafficking
- ‘Deutsche Bank is closely examining any business relationship with Jeffrey Epstein … [is] committed to cooperating with all relevant authorities,’ said bank
Jeffrey Epstein managed to move money out of the country earlier this year from accounts he had at Deutsche Bank – despite the company severing all ties with the pedophile.
The New York Times reports that even baking officials failed to realize the possible financial crimes being committed by Epstein until after the fact, believing that the company had closed out all his accounts late last year.
Deutsche Bank now wants to make sure that none of the money being moved by Epstein was used to fund or in any way support the sex trafficking of underage females.
![Danke Deutsche: 'Deutsche Bank is closely examining any business relationship with Jeffrey Epstein ... [is] committed to cooperating with all relevant authorities,' said bank](https://i.dailymail.co.uk/1s/2019/07/24/00/16415960-7278993-image-a-54_1563923661821.jpg)
Danke Deutsche: ‘Deutsche Bank is closely examining any business relationship with Jeffrey Epstein … [is] committed to cooperating with all relevant authorities,’ said bank
Epstein was making transactions as recently as May, and multiple sources said that once executives became aware of this potentially illegal activity it was reported to a federal agency that polices financial crimes.
Joerg Eigendorf, a spokesperson for Deutsche Banks, said that the company was ‘absolutely committed to cooperating with all relevant authorities.’
The statement was also posted in full on the Deutsche Bank Twitter account 12 times in just five hours on Tuesday.
‘Deutsche Bank is closely examining any business relationship with Jeffrey Epstein, and we are absolutely committed to cooperating with all relevant authorities,’ it read.
There is no detail on what crimes may have been committed, but it is known that this is not the the first time Epstein has bee in danger of being flagged.
On previous occasions, anti-money laundering compliance officers and employees noticed suspicious transactions, including at least one in which Epstein moved funds overseas.
Opps-tein: Epstein opened several dozen accounts at Deutsche Bank in the five years
It is unclear however if these transactions were reported to federal agencies.
Epstein had private-banking and wealth-management accounts, and both he and his companies had received loans from the financial institution in the past few years said sources.
He went there after getting the boot by JP Morgan in 2013, five years after he entered a guilty plea to two charges related to the soliciting of a minor for sex.
Deutsche executives struggled to shutter his accounts in the wake of Julie Brown’s bombastic expose last November due to the fact that its private-banking division had opened several dozen accounts for Epstein and his businesses.
Months later, one Deutsche Bank employee noted: ‘We’re still trying to get our arms around it.’