Deutsche Bank AG allegedly misled investors about anti-money-laundering deficiencies and didn’t “properly monitor” customers it considered “high risk,” such as Jeffrey Epstein, investors said in New Jersey federal district court. The high-profile Deutsche Bank Jeffrey Epstein case was assigned to Judge Esther Salas just four days before her husband and son were shot.
COURT: D.N.J.
TRACK DOCKET: No. 20-cv-08978
JUDGE: Esther Salas
COMPANY INFO: Deutsche Bank AG
High-Profile Deutsche Bank Jeffrey Epstein Case Assigned To Judge Esther Salas
The bank didn’t tell investors it hadn’t fixed disclosure control problems and wasn’t keeping an appropriate eye on clients like convicted sex offender Epstein and two other banks involved in past financial misconduct scandals, investors alleged Wednesday in the U.S. District Court for the District of New Jersey.
Adding Epstein as a client in 2013 “was a cr...