Episode 183 — Review of DOJ’s Settlement with Deutsche Bank for FCPA and Spoofing Fraud Violations
Deutsche Bank, the infamous German bank connected to former President Trump, settled FCPA and fraud cases with the Justice Department and the SEC, and agreed to pay a total of $130 million.
In this Episode, Michael Review reviews the Deutsche Bank settlement.
Mr. Volkov,
I am not sure the connection you are trying to make between President Trump and the Deutsche Bank? Is Trump implicated in this scheme and settlement?
Thanks,
Dennis
This was my immediate thought as well. What does Trump have to do with the fraud and FCPA case?
Mike,
Do you know if the settlement is going to go into the victim’s fund?
No, I don’t know but I would be surprised if the funds were used to compensate victims.