Does Trump Family Have Money In Russia? Deutsche Bank Investigating President’s Account For Moscow Ties

Deutsche Bank is reportedly examining President Donald Trump’s personal account to see if he has any “suspicious” ties to Russia. The German bank has not found any connections to Moscow but has also focused its investigation on the president’s immediate family, The Guardian reported Thursday.

The bank has looked at the personal accounts of the president’s daughter, Ivanka Trump, her husband and a Trump senior adviser, Jared Kushner, and Kushner’s mother, according to the report. It was previously reported that Trump, who’s come under serious scrutiny for his campaign’s links to Russia and his positive rhetoric toward President Vladimir Putin, had about $300 million in debt across four big mortgages that Deutsche was attempting to restructure for the president to avoid in any conflicts of interest while in the Oval Office.

Deutsche was, and still is, under investigation by the Justice Department even after it agreed to a record $7.2 billion settlement last month for misleading investors leading up to the 2008 financial crisis. However, the DOJ said the settlement did not rule any individual with the bank from criminal or civil liabilities.

“We know that Deutsche Bank is a major lender to President Trump, and the firm is also currently undergoing scrutiny by the Department of Justice for alleged misconduct,” House Ways and Means committee member and Rep. Bill Pascrell (D-New Jersey) told The Guardian. “I think it’s important for the American people to know the extent of the bank’s involvement with the president, and whether there is any Russian involvement in loans made to Mr. Trump.”

Pascrell also said Deutsche was under investigation for allegedly taking part in Russian money-laundering.

The bank officially stated it would not discuss its findings, but two sources claimed there was no evidence of a Russian bank underwriting the president’s loans.

While running for office, Trump repeatedly denied conducting knowing Putin or doing any business in Russia. However, the president did have links to the country dating as far as 1987, USA Today reported.