Follow Trump's Money

https://www.cnbc.com/2019/12/13/sup...hree-cases-over-trumps-financial-records.html

The US Supreme Court will hear three cases over President Donald Trump’s financial records next month. Trump has asked the justices to reverse three lower court rulings that would require his longtime accounting firm and two of his banks to hand over financial records to investigators. The arguments are likely to be the most high-profile of the term and will test the court’s newly constituted conservative majority.

A decision is expected by the end of June, in the midst of the 2020 presidential election.

Trump is the first president in more than four decades not to voluntarily make his tax records public and has fought vigorously to shield his finances.

Two of the cases involve subpoenas issued by congressional committees led by Democrats in the House of Representatives. One involves an investigation led by Manhattan District Attorney Cyrus Vance into potential violations of New York state law.

• The first case to reach the top court stems from an investigation launched by the Manhattan district attorney’s office, which is examining how the Trump Organization accounted for hush-money payments made to two women alleging affairs with Trump in the months before the 2016 presidential election.
• The second case involves a subpoena issued to Mazars, the Accounting firm that had filed Trump's tax returns, by the Democratic-led House Oversight Committee, which has said that it is pursuing whether new ethics-in-government legislation is needed. That subpoena was upheld by the U.S. Circuit Court of Appeals for the D.C. Circuit.
• The third case involves subpoenas issued to the president’s lenders, Deutsche Bank and Capital One, by the House intelligence and financial services committees, involving reports of suspicious banking transactions by Deutsche Bank's own Anti-money laundering specialists

Deutche Bank has been the only bank willing to lend $ to the trust fund baby, who had cemented his decades-long reputation as a deadbeat
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Anti-money laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog.


The transactions, some of which involved Mr. Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to five current and former bank employees. Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they believed should be sent to a unit of the Treasury Department that polices financial crimes.
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some of the tramsaction involved money flowing back and forth with overseas entities

or individuals,which bank employees considered suspicious.​

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But executives at Deutsche Bank, which has lent billions of dollars to the Trump and Kushner companies, rejected their employees’ advice. The reports were never filed with the government.

Tammy. McFadden said she was terminated last year after she raised concerns about the bank’s practices. Since then, she has filed complaints with the Securities and Exchange Commission and other regulators about the bank’s anti-money-laundering enforcement.




fwiw,

in 2017, Deutche Bank was fined for ~ $10 Billion for $ laundering, https://money.cnn.com/2017/01/31/investing/deutsche-bank-us-fine-russia-money-laundering/index.html​