12-03-2019, 05:09 PM
Quote:Tiffany FitzHenry @Tiff_FitzHenry
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Jeffrey Epstein’s private wealth banker, who brokered and signed off on untold multiple millions of dollars in controversial Deutsche Bank and Citibank loans spanning two decades for the convicted pedophile, has died from a reported suicide.
I have a feeling we might be seeing many more "suicides" before all this is said and done.
Quote:Jeffrey Epstein’s private wealth banker, who brokered and signed off on untold multiple millions of dollars in controversial Deutsche Bank and Citibank loans spanning two decades for the convicted pedophile, has died from a reported suicide.
The news of yet another mysterious Epstein-linked death comes shortly after the FBI was seeking to interview the bank executive about loans he approved for Epstein and the indicted child trafficker’s labyrinth of US-based and offshore companies.
The Los Angeles County Medical Examiner confirmed Thomas Bowers died by an apparent suicide by hanging at his home before Thanksgiving.
Epstein likewise died from a reported suicide by hanging, according to the New York City Medical Examiner.
Bowers headed the private wealth banking division for Deutsche Bank and signed off on millions in loans to Epstein. Bowers, prior to taking over the private banking arm at Deutsche Bank, served in the same top position at Citibank, as the head of the bank’s private wealth arm. Citigroup also made massive loans to Epstein, according to records and banking sources who spoke to True Pundit.
True Pundit founder Mike “Thomas Paine” Moore previously headed anti-money laundering for a major Citigroup division during the time frame Citi commenced large loans to Epstein.
“The loans to Epstein were personal and commercial,” Paine confirmed. “The Citi loans I can confirm were for more than $25 million. Some were secured, some were not.”
Did Citi bend its lending rules for Epstein? Paine said that appears “quite likely,” with Bowers and other Citi executives he later recruited to work for him at Deutsche all working to secure the approvals regardless of compliance-related red flags.
And sources said Citi loaned Epstein much more money, eclipsing $100 million and also allowed Epstein to use the bank to send thousands of wire transfers from his accounts. Bowers, who turned up dead just days ago, brokered the loans for Epstein, sources said.
Bowers was the chief of Deutsche Bank’s Private Wealth Management division and worked from the bank’s Park Avenue offices in New York City. At Citi, Bowers served as the chief of the The Citi Private Bank and previously ran Citigroup’s Global Markets and Wealth Management businesses.
And when Bowers left Citi for Deutsche Bank, Epstein followed.
Meanwhile, Epstein stopped making payments on his millions in outstanding Citi loans. But that mattered little because Bowers approved new high-risk loans and credit lines from Deutsche Bank, sources said.
And that relationship with Epstein continued until Bowers left Deutsche Bank in 2015. By that time, Epstein had chalked up untold millions in loans with the help of Bowers who recruited many of his top private wealth top bankers from Citi to Deutsche Bank.
The FBI who was interested in interviewing Bowers, sources confirm. The FBI subpoenaed Deutsche Bank in May for all loans and accounts linked to Epstein and there were many unanswered questions. Deutsche Bank closed out Epstein’s accounts weeks after the bank was served federal subpoenas.
Federal law enforcement officials said the FBI planned to interview all Wall Street wealth fund managers who worked for Epstein. Bowers included.
How much money did Deutsche broker for Epstein? That number to this point has proven elusive. The FBI is not talking, but one executive divulged Epstein had secured more than $60 million from Deutsche Bank’s U.S. and German arms. Likely that number is larger, but at this point the bank is keeping its exposure quiet.
Read much more of the story here: [url=https://truepundit.com/jeffrey-epsteins-private-banker-at-deutsche-executive-suicide-before-feds-questioned-him/]Source
Police reported finding 55 year old Bowers hanging from a rope in his California home.
Did he kill himself to avoid the embarrassment of what could come out, or was he "suicided" to shut him up on what he knew?
What do you think?