Deutsche Bank raided over suspected money laundering | Editorji
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Deutsche Bank raided over suspected money laundering

Nov 29, 2018 17:53 IST

The headquarters of Deutsche Bank in Frankfurt were raided, in connection with an ongoing probe into suspected money laundering. Prosecutors say Deutsche Bank allegedly helped some 900 customers setup offshore shell companies in tax havens. Citing information from the 2016 'Panama Papers', authorities say the bank has helped launder nearly $354 million.

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