In Germany, Deutsche Bank’s headquarters were raided Thursday as part of a probe into money laundering. The probe stems from the 2016 Panama Papers affair, which revealed mass money laundering and tax evasion schemes set up by the Mossack Fonseca law firm. Deutsche Bank is President Trump’s largest lender, with Trump reportedly owing hundreds of millions of dollars to the German bank for real estate loans dating back some 20 years.
Deutsche Bank Raided in Money Laundering Probe
HeadlineNov 30, 2018