Deutsche Bank Onboarding: High-Risk Client
From: Financial Records / DFSTo: Public Record
Client OnboardingDue Diligence FailureHigh-Risk Tag
DEUTSCHE BANK — EPSTEIN ACCOUNT RELATIONSHIP\n\nDeutsche Bank maintained a banking relationship with Epstein from 2013 to 2018, after JPMorgan terminated its relationship.\n\nNew York Department of Financial Services findings:\n- Deutsche Bank failed to properly monitor Epstein's accounts\n- Suspicious transactions were not investigated\n- Wire transfers to individuals involved in legal proceedings\n- Payments to Russian models and other individuals\n- Cash withdrawals of up to $800,000\n\nFine: $150 million (July 2020)\nDeutsche Bank also settled with Epstein victims.\n\nSource: NY DFS Consent Order
The Epstein Case in 2020
In 2020, Ghislaine Maxwell was arrested by the FBI at her home in New Hampshire on charges of conspiracy and sex trafficking. FOIA requests produced significant new records from the State Department and other agencies. The Florida grand jury began its investigation into the handling of the original prosecution. Documents from 2020 include Maxwell's indictment, FOIA releases including passport records, and the Florida grand jury proceedings.
All 2020 documents in the timeline →