NY AG Probe Targets Deutsche Bank’s Ties to Trump Org.

HeadlineMar 12, 2019
H2 deutsche bank

The New York Times is reporting the New York Attorney General’s Office issued subpoenas to Deutsche Bank as part of an investigation into the Trump Organization’s real estate dealings. The probe was reportedly spurred by Michael Cohen’s congressional testimony last month, in which Trump’s former lawyer and fixer asserted that Trump regularly inflated his assets in official documents. Cohen provided lawmakers with copies of statements that were submitted to Deutsche Bank. Deutsche Bank is President Trump’s largest lender and loaned hundreds of millions of dollars to Trump Organization for real estate projects even as other banks refused to do so.

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