Deutsche Bank’s Ties to Epstein, Danske Bank and Others Draw $150 Million Penalty

Sex offender Jeffrey Epstein and Ghislaine Maxwell attend a concert in New York on Saturday, March 15, 2005. On Tuesday, July 7, 2020, New York regulators fined Deutsche Bank $150 million for a range of compliance failures, many of which stemmed from the lender’s ties to Epstein. (Getty Images)


Legs & Regs


Enforcement Actions

The Financial Industry Regulatory Authority issued a $875,000 fine against the Purchase, NY-based company based on its failure to submit accurate blue sheets on suspicious transactions.
The Office of Foreign Assets Control of the U.S. Treasury Department entered into an agreement with the Seattle, WA-based retailer and e-commerce company to settle potential civil liability of apparent violations of the Crimea, Iran and Syria sanctions programs.