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Cyber_Cat
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Trump Crackdown Deports US Citizen, 5; Olympian Faces Drug Charges

Deutsche Bank Offices Raided in Money Laundering Probe

Deutsche Bank's offices in Frankfurt and Berlin were raided by officials as part of an inquiry into money laundering, according to the Office of the Federal Prosecutor. The raids, which involved the Federal Criminal Police Office, targeted "unknown individuals and employees" at Germany's largest bank, the BBC reported.

The investigation centers around Deutsche Bank's past business relationships with foreign companies suspected of being used for money laundering purposes. A Deutsche Bank spokesperson confirmed that searches had been carried out at its premises, the BBC noted. Officials declined to comment on who, at the bank, was being investigated.

The Office of the Federal Prosecutor stated that Deutsche Bank had "maintained business relationships in the past with foreign companies" which were suspected of "having been used for money laundering purposes as part of further investigations," according to the BBC. The investigation is ongoing.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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