Police raid Deutsche Bank offices in money laundering probe

Deutsche Bank
(Image credit: Ralph Orlowski / Staff)

Police raided six Deutsche Bank offices, including the lender's Frankfurt headquarters, on Thursday as part of an ongoing money laundering investigation, The New York Times reports.

About 170 officers and officials took part in the raid, with authorities suspecting two employees in particular of helping wealthy clients set up off-shore accounts to illegally launder money from criminal activity, per BBC News.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.