By Dan Byrne for AMLi
Deutsche Bank is facing further laundering headaches as it takes on multiple lawsuits over its role in a US Ponzi scheme.
Liquidators connected to two bankrupt investment funds have sued the bank in two American states: New York and Florida. They claim it stood by as the scheme unfolded within its systems, and that it “enabled theft on a massive scale,” – ultimately leading to millions of dollars in losses.
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