Prosecutors Said to Seek Kushner Records From Deutsche Bank
- 6 years ago
Prosecutors Said to Seek Kushner Records From Deutsche Bank
In recent weeks, prosecutors from the United States attorney’s office in the Eastern District of New York subpoenaed records from Deutsche Bank, the giant German financial institution
that has lent hundreds of millions of dollars to the Kushner family real estate business.
Separately, Mr. Mueller’s office has subpoenaed Deutsche Bank for records related to Paul J.
Manafort, a former campaign chairman to Mr. Trump, said people briefed on that subpoena.
Federal prosecutors in Brooklyn have sought bank records about entities associated with the family company of Jared Kushner, President Trump’s son-in-law
and senior adviser, according to four people briefed on the matter.
But Deutsche Bank does not appear to have been involved in Kushner real estate projects financed through the EB-5 program.
The bank also provided a $285 million mortgage to Kushner Companies last year to help it refinance a loan to
purchase several floors of retail space in the former New York Times building on 43rd Street in Manhattan.
Three prosecutors on Mr. Mueller’s team previously worked at the United States attorney’s office in Brooklyn, one as recently as this year.
A financial disclosure form that Mr. Kushner filed with the government shows he
and his mother have a line of credit from Deutsche Bank worth $5 million to $25 million.
The interview, and the subpoena of Deutsche Bank, does not mean Mr. Kushner is suspected of wrongdoing.
A subject of a subpoena wouldn’t necessarily know that the subpoena had been served on a bank or other institution.
In recent weeks, prosecutors from the United States attorney’s office in the Eastern District of New York subpoenaed records from Deutsche Bank, the giant German financial institution
that has lent hundreds of millions of dollars to the Kushner family real estate business.
Separately, Mr. Mueller’s office has subpoenaed Deutsche Bank for records related to Paul J.
Manafort, a former campaign chairman to Mr. Trump, said people briefed on that subpoena.
Federal prosecutors in Brooklyn have sought bank records about entities associated with the family company of Jared Kushner, President Trump’s son-in-law
and senior adviser, according to four people briefed on the matter.
But Deutsche Bank does not appear to have been involved in Kushner real estate projects financed through the EB-5 program.
The bank also provided a $285 million mortgage to Kushner Companies last year to help it refinance a loan to
purchase several floors of retail space in the former New York Times building on 43rd Street in Manhattan.
Three prosecutors on Mr. Mueller’s team previously worked at the United States attorney’s office in Brooklyn, one as recently as this year.
A financial disclosure form that Mr. Kushner filed with the government shows he
and his mother have a line of credit from Deutsche Bank worth $5 million to $25 million.
The interview, and the subpoena of Deutsche Bank, does not mean Mr. Kushner is suspected of wrongdoing.
A subject of a subpoena wouldn’t necessarily know that the subpoena had been served on a bank or other institution.