!Yesterday, The New York Times reported that Deutsche Bank had reluctantly and belatedly filed a Suspicious Activity Report (SAR) with FinCEN, the Treasury’s Financial Crimes Enforcement Network, on Jeffrey Epstein earlier this year for engaging in suspicious international financial transactions.dsfasdfasdf sadfasdf asdfsadf asdfasd asdfasdfsa asdfasdf
Deutsche Bank filed this SAR as it sought to distance itself from the financier—and years after concerns about Epstein’s accounts had been flagged internally, according to the Times. Bank authorities quickly pointed out that the filing of the SAR does not mean that Epstein’s transactions were actually improper. Banks sometimes over-report transactions to the government to be on the safe side.
That would certainly be a first for Deutsche Bank.