Donald Trump's Private Bankers at Deutsche Bank Resign Amid Investigation
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Donald Trump's private bankers at Deutsche Bank have both submitted their resignation.
The move comes as the New York Attorney General and the Manhattan Attorney's Office investigate the relationship between the Trump Organization and Deutsche Bank.
Rosemary Vrablic and Dominic Scalzi worked at the bank for a decade. During that time, they were responsible for loans granted to both Trump and his advisor / son-in-law, Jared Kushner. Vrablic has arranged millions of dollars in loans for Trump, and the bank has lent a total of $ 300 million to the Trump organization.
The Deustche Bank initiated its own investigation against Vrablic at the beginning of this year. The banker bought a $ 1.5 million apartment from Bergel 715 employees in 2013. In 2019, Kushner and his wife Ivanka Trump received up to $ 5 million from the company, despite never reporting a stake in the past. The bank did not mention any of this in its statement on upcoming retirements.
"Rosemary Vrablic and Dominic Scalzi have submitted their resignations with effect from the end of the year at Deutsche Bank, which was accepted by the bank," said spokesman Daniel Hunter.
Vrablic said she was ready to move on with her retirement.
"I have made the decision to step down from my position at the bank effective December 31 and look forward to my retirement," she said.
Far from the only time Trump and Kushner's businesses have come under fire. Kushner allegedly started a Shell firm that spent more than half of Trump's campaign funds with no disclosure of where the money went (outside of payments to Trump's family members).
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