Deutsche Bank fined $150 million for processing Epstein transactions including payments to co-conspirators

| Importance: 8/10 | Status: confirmed

Deutsche Bank agreed to pay $150 million in penalties for its failure to properly monitor Jeffrey Epstein’s banking activities. The bank processed hundreds of transactions for Epstein even after his 2008 conviction, including payments to potential co-conspirators and alleged victims. Regulators found the bank ignored red flags and failed to conduct adequate due diligence on a high-risk client with a known criminal history.

Key Actors

Deutsche Bank Jeffrey Epstein New York Department of Financial Services Federal Reserve Epstein co-conspirators Epstein victims

Tags

money-laundering banking-violations regulatory-failure financial-crimes co-conspirator-payments victim-payments

Sources (3)

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