Feds Seize $404 Million from Deutsche Bank after Bank Enters Into a Non-Prosecution Agreement with US Government

And once again, just another slap on the wrist…

Feds Seize $404 Million from Deutsche Bank

 MANHATTAN (CN) – The Wall Street branch of Deutsche Bank helped “high net worth” Americans hide $29 billion in fraudulent tax shelters between 1996 and 2002, ducking $6 billion in federal taxes, prosecutors say. To avoid prosecution, Deutsche Bank will cough up $403.8 million.

According to the forfeiture complaint, Deutsche Bank helped “high net worth United States citizens who through 2005, reported approximately $29.3 billion in bogus tax benefits on their tax returns, mainly losses, resulting in the evasion of approximately $5.9 billion in individual income taxes on capital gains and ordinary income.”

Deutsche Bank entered into a non-prosecution agreement with the government on Dec. 20, 2010. It agreed to forfeit the money it earned from its bogus tax shelters and the taxes and interest the IRS was unble to collect from taxpayers.

The Defendant-in-Rem is $403,794,153 in U.S. currency.

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4closureFraud.org

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United States of America v $403,794,153 in US Currency

Comments
23 Responses to “Feds Seize $404 Million from Deutsche Bank after Bank Enters Into a Non-Prosecution Agreement with US Government”
  1. l vent says:

    DIRTY DEEDS DONE DIRT CHEAP. AT THE EXPENSE OF THE AMERICAN PEOPLE.

  2. l vent says:

    PROOF THE U.S. GOVERNMENT IS SLEEPING WITH THE ENEMY….

  3. Tim says:

    billions in loses to the american tax payers(all the low income families that our taxes will go up because of the loss), they settle for pennies on the dollar, we got Wesley Snipes in prison among countless others for tax evasion of a much much lower amount, but because it BIG BANK, no prosecution, WTF is going on? Im so fed up.

    • Tim….Everyone knows its the U. S. Government…..they are the problem this whole crime wave was allowed to begin with…starting back years ago….and today they are 100% against the American people…YES..our own government….and HomeLand Security is not what it is cracked up to be….it is against us, the citizens of the land. Where have they been while the multinational foreign scums have attacked our country….they , HLS, are a front, a fake….they are to protect the foreign NWO….not the people in the U.S. of America. The criminals walk in freedom while others are killed for protecting their rights. Its the GREED and the SICKNESS that has been eating at their brains….MONEY, CONTROL and LIES are the evil traits of the Nazi NWO and the U.S. Government has proven they are bed partners with this sick NWO. It has spread to the States governments….The laws of the land are meant for the people…the government does not follow any laws…they feel they have the right to be exempt…..who gave them this right ?…they, the government did….not the people of this land. I, too, am fed up…what tomorrow holds for America may hold some surprises……..KEEP UP THE FIGHT….WE MUST GIVE IT ALL TO GAIN BACK OUR FREEDOM FROM EVIL.

  4. mark says:

    All I can say is what? let the commy, Nazi @#$%^&* march right into this country salute hitler and get a great gift. Well the article says they have forfieted thier profits from the illegal ventures. (hmmmm looks like a do over to me). does this even get cooperation of going after all the others who used the scheme to benifit? (not likley) yep no punishment no pony up the 6 billion you cost the american tax payers just give us your profit and we will go away turn a blind eye to all those you have put out on the streets all the homeless children you are responsible for. You have to be kiding. and in all this what administration do we view as worst Obama or Bush they are all the same selling themselves to the highest bidder no moral, no scruples, no dignity, We the american people have only two choised form here on roll over and die or wake up and fight!!!!!!

    • MARK…That all this back to the Reagan days till today……5 presidents….that span of time for sure…but this Nazi crap goes way back before World War 2….google…’ the Black Pope’…’ The vatican and Hilter ‘…go on YouTube…to understand. Read every comment on these blogs…the knowledge is there. The Federal Reserve puts countries in debt with ‘ air’ money…no back up. This is what has happened to the United States of America…this government allowed the Nazi multinational fraud banksters to come on this land and ruin the country…to take control…rob the middleclass people of everything and make us all slaves……..WAKE UP NOW AND FIGHT FOR OUR RIGHTS, OUR COUNTRY, OUR FREEDOM, OUR LITTLE CHILDREN AND THE UNITED STATES OF AMERICA….THIS IS OUR COUNTRY….THEY ARE STEALING OUR AMERICA……SPREAD THE WORD….THE TIME IS NOW TO FIGHT THE GOOD FIGHT……

    • l vent says:

      Yes, they are all giving each other the old ROMAN SALUTE. and laughing all the way to the bank, Stealing our homes they do not own and the judges are helping them because the majority are sheeple. I had an attorney tell me after I was denied a loan mod, that If you think outside of the box, you might get lucky. That woke me up and I went on the internet and started looking for answers. I have witnessed it with my own two eyes in court, people acting like sheeple. They tell the judge I am trying to get a loan mod or I am doing a short sale. These people clearly do not have a clue what is being done to them and that is quite frankly.. infuriating. I just want to take them out in the hall and say WAKE UP, THEY ARE STEALING YOUR HOME!!!!! I can see them all being loaded on the trains to the FEMA camps by Homeland Security. This is strategic NAZI CLASS WARFARE. They are eliminating us by the millions. First it was our jobs, businesses, wealth, then our healthcare, our homes and then what is left? There is NO starting over. They are intentionally making it impossible to recover from this financially. They are strategically eliminating masses of people everyday in secret, yet in plain sight..This is a fascist multinational foreign tyranny. They want to destroy all of us one way or another. The NEW WORLD ORDER’s GLOBAL TOTALITARIAN DREAM IS a GLOBAL POPULATION of 500 MILLION, ABOLITION OF ALL ORDERED GOVERNMENTS, ABOLITION OF PRIVATE PROPERTY, CREATION OF A WORLD GOVERNMENT. THOMAS JEFFERSON WARNED IN 1816-“If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.”

    • l vent says:

      Tim, they got an estimated 3 Trillion from the tax-payers in the bailouts and they are still stealing homes that they do not own and they still have gone virtually unpunished except for a couple fart in a wind storms like Lee Farkas. All of the bank CEO’s and Wall Street CEO’s should be in prison by now.. All of the bailouts and QE2 by the Fed has caused nationwide hyper-inflation of everything taxes, food, gas you name it. And a deflated currency. They have desimated this country. The massive debt burden they have created for all of us is unsustainable. It is time for all of the lying corrupt treasonist politicians to be removed from office by the American people. They are a disgrace, both parties are completely corrupt and useless.

      • l vent says:

        And they made hundreds of trillions off of their Ponzi Scheme swindle and heist. CNBC reported last fall WALL STREET made 60 trillion in 1999 alone off of the mortgage derivatives. They are still getting rich off of the Ponzi Scheme stealing homes they do not own to collect the CREDIT DEFAULT SWAP INSURANCE MONEY. THAT IS WORTH 3-4 TIMES THE VALUE OF THESE HOMES RIGHT NOW. The Fed is still pumping up the BANKSTER/WALL STREET CABAL EVERYDAY THEY ARE ROBBING THE AMERICAN PEOPLE WITH IMPUNITY. WHEN THE STOCK MARKET IS UP THE FED IS FEEDING THEIR LOSSES FROM THEIR GAMBLING ADDICTION. WHEN THE STOCK MARKET IS DOWN, THEY ARE STEALING OUR WEALTH.

  5. keepon says:

    ‘Come on over Ex US banks. Have I got a deal for you. How’d’ja like to make 600 billion- yes, that’s BILLion. It’ll only cost you 400 million. No. not to worry about it’s the IRS! ppfff. Homeland Security? ppfff. Nah. We’ll slap you on the wrist. You pay the dough. And it’s ova. Right. We’ll give immunity from prosecution- you keep the change.’

    Isn’t prostitution illegal? Is that a civil, or a criminal offense? I mean especially when it’s the sale of your country. There oughta be a law.

    Please excuse. I feel sick. Am having another one of those ‘up-is-down’ attacks.

    They’re just lucky they’re not American Citizens and that they don’t have LPS-Fidelity-FNFS adding up their tab or they’d get in a flash what U.S. Citizens go thru. (BTW: Can I get that same ratio in a mortgage mod? I’m 3rd generation German/American.)

    • l vent says:

      These bastards are never going to punish themselves!! The FOREIGN FEDERAL GOVERNMENT OWNS the IRS and HOMELAND SECURITY. Michael Chertoff CHIEF of HOMELAND SECURITY has a dual ISRAELI/U.S. CITIZENSHIP. HE WAS ONE OF THE AUTHORS OF THE PATRIOT ACT WHICH WAS WRITTEN IN 1996. GOOGLE OPERATION NORTH WOODS. THE FOREIGN TERROR IS HIDING FROM WITHIN AND WEARING AN AMERICAN DISGUISE. THEY ARE ALL WORKING FOR THE REVIVED ROMAN EMPIRE. There is a you tube video entitled 9-11 Missing Links Israel (Full Movie) ABSOLUTE TRUTH. This video does blame the Jews for everything but the truth is the UN/NEW WORLD ORDER/VATICAN/JESUITS/NAZIRINES use the Jews in high positions in order to blame the Jews when things go wrong. The you tube video shows where they are all hiding and it is mind blowing. Any you tube videos by Eric Jon Phelps regarding the Jesuits and 9/11 are also worth watching. You tube videos about the BLACK POPE and the JESUITS are also interesting.

  6. Tim Bryant says:

    Title 18 >PART I > CHAPTER 47 > § 1005

    § 1005. Bank entries, reports and transactions

    Whoever, being an officer, director, agent or employee of any Federal Reserve bank, member bank, depository institution holding company, national bank, insured bank, branch or agency of a foreign bank, or organization operating under section 25 or section 25(a) [1] of the Federal Reserve Act, without authority from the directors of such bank, branch, agency, or organization or company, issues or puts in circulation any notes of such bank, branch, agency, or organization or company; or
    Whoever, without such authority, makes, draws, issues, puts forth, or assigns any certificate of deposit, draft, order, bill of exchange, acceptance, note, debenture, bond, or other obligation, or mortgage, judgment or decree; or
    Whoever makes any false entry in any book, report, or statement of such bank, company, branch, agency, or organization with intent to injure or defraud such bank, company, branch, agency, or organization, or any other company, body politic or corporate, or any individual person, or to deceive any officer of such bank, company, branch, agency, or organization, or the Comptroller of the Currency, or the Federal Deposit Insurance Corporation, or any agent or examiner appointed to examine the affairs of such bank, company, branch, agency, or organization, or the Board of Governors of the Federal Reserve System; or
    Whoever with intent to defraud the United States or any agency thereof, or any financial institution referred to in this section, participates or shares in or receives (directly or indirectly) any money, profit, property, or benefits through any transaction, loan, commission, contract, or any other act of any such financial institution—
    Shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.
    As used in this section, the term “national bank” is synonymous with “national banking association”; “member bank” means and includes any national bank, state bank, or bank or trust company, which has become a member of one of the Federal Reserve banks; “insured bank” includes any state bank, banking association, trust company, savings bank, or other banking institution, the deposits of which are insured by the Federal Deposit Insurance Corporation; and the term “branch or agency of a foreign bank” means a branch or agency described in section 20 (9) of this title. For purposes of this section, the term “depository institution holding company” has the meaning given such term in section 3(w)(1) of the Federal Deposit Insurance Act

  7. Tim Bryant says:

    I want to know who the individual tax cheats are. Why were the individuals not named and indicted? Tax evasion is a federal felony. If there are politicians in that list, they cannot hold public office. I hope somebody goes after an FOIA request on this one.

  8. Elizabeth says:

    Somehow, I was impressed with $153.00, but totally confused with $404 millions. It looks as an award and not the punishment. Of course, it is better then nothing. But nowadays, it would be treated by the rest of the world and by the Deutsche as a pat on the shoulder, like, “Go on, kid. We love you and don’t want see you hurting and bleeding.”
    We should get it at least in billions, for the beginning. And then, with adjustable rate setting every 6 month…

    Such a disgrace.

  9. MARIO KENNY says:

    they dodged 6 billion in Taxes and the FED got 400 million, what a deal, 400 million is the petty cash for the gas bill per day for the directors.

  10. Bryllaw is pleased to report — Virginia: Deutsche Bank disappears after homeowner challenged its authority to conduct a non-judicial foreclosure by attacking what appeared to be a fraudulent document styled as a deed of appointment. AHMSI also claimed to be involved as a “servicer,” but just like Deutsche, it could not show sufficient interest in the property to establish itself as a party entitled to appoint a substitute trustee under the Virginia Code.

    Our two primary avenues of attack were to challenge (1) the authority of Deutsche to appoint a substitute trustee (the first step in a non-judicial foreclosure) and (2) the ability of Deutsche to show any interest in the property it sought to take. On both counts, neither Deutsche nor AHMSI was able to produce even a scintilla of evidence that would be sufficient to withstand the challenge. As a result, the homeowner was able to fight off a bank that ostensibly had nothing to do with the either the original loan or the property.

    This is what should be happening in most of such cases, whether you are in a non-judicial state like Virginia or in a judicial state (like, e.g., Florida).

    • l vent says:

      Bravo Bryllaw!!!! Why aren’t there more lawyers like you? Thank You for stopping these crooks from stealing another home they do not own!! Death to the Foreign Multinational Fascist Tyranny!!!

  11. l vent says:

    Looks like their owners are pissed. They are on the right track. WE THE PEOPLE don’t have the missing money and we refuse to pay for the crimes of their perps with our homes and our business or by illegal and UNCONSTITUTIONAL AUSTERITY MEASURES by THE FEDERAL RESERVE. THIS MASSIVE DEBT BURDEN THEY CREATED WITH THE BIGGEST PONZI SCHEME SWINDLE AND HEIST IN HISTORY THEY COMMITTED IS UNSUSTAINABLE. OUR PROPERTY TAXES AND ALL OF OUR TAXES ARE ALSO AN OUTRAGE AS WELL AS OUR HYPER-INFLATED FOOD COST AND UTILITY BILL COSTS.. WE THE PEOPLE ARE SICK AND TIRED OF PAYING FOR ALL OF THE FRAUD AND CORRUPTION. MAKE THE CROOKS PAY. WE THE PEOPLE ARE NOT TO BLAME FOR THE FINANCIAL CRISIS WHICH WAS INTENTIONALLY CREATED SO THE OWNERS COULD STEAL EVERYTHING NOT NAILED DOWN AND OWN OUR COUNTRY. THIS FOREIGN INVESTMENT BY THE IMF VIA FANNIE AND FREDDIE SHOULD HAVE NEVER BEEN ALLOWED BY THE U.S. GOVERNMENT. THAT WAS HIGH TREASON AND ALL INVOLVED IN THIS PONZI SCHEME SHOULD BE HELD ACCOUNTABLE.

    • I am NOT IMPRESSED one bit. This is nothing but illegal money taken through their corrupt schemes. This money and a hell of a lot more should have been taken…a hell of a lot more. What’s with this non-prosecution agreement….SCREW THAT….So…WHO pays the rest….the difference between $403.8 MILLION and the ducking of 6 BILLION??? What is this..some plea agreement…some kiss-ass agreement…there should not have been any agreement…. Take the frig’en 6 BILLION…SHUT THE DOORS FOR GOOD…WHERE IS THE PRISON KEYS? THE GOVERNMENT SEEMS TO BE MAKING THE WRONG DECISIONS ….THE ROTTEN SCUMS WHO HAVE TAKEN THIS COUNTRY TO SHREDS…WHERE IS THE GOVERNMENT HELPING THE CITIZENS???? THAT MONEY JUST GOES BACK TO ANOTHER CORRUPT SET OF HANDS …THE GOVERNMENT….STILL NOTHING FOR THE PEOPLE WHO HAVE FOUGHT THESE BASTARDS FOR YEARS…..FIGHTING FRAUD WITH THE MULTINATIONAL FOREIGN SICK MINDED SCUMBAGS AND THE GOVERNMENT… IS A BIT MORE THAN WE INTEND TO .CONTINUE TO PUT UP WITH. FRIG WHAT THEY HAVE CHEATED ON FEDERAL TAXES….THE GOVERNMENT HAS CHEATED THE CITIZENS EVERY DAY FOR MANY YEARS AND HAVE LIED AS THEY SCAMMED THE PEOPLE. SO HOW DOES ONE CROOK PUNISH ANOTHER CROOK???? LOL…WITH A NON-PROSECUTION AGREEMENT…THATS HOW. SO WAKE UP WASHINGTON…YOU HAVE MILLIONS OF PEOPLE GETTING MORE PISSED BY THE DAY … STOP ALL FORECLOSURES NOW…..THE HOMES TAKEN OR IN FORECLOSURE ARE ALL PAID FOR…..THANKS TO THEIR OWN FRAUD PONZI SCHEME….THEIR SICK MINDS TRIPPED THEMSELVES….FACE THE FACTS….ITS FRAUD DONE DELIBERATE….THEIR MISTAKE WAS THEY GOT CAUGHT RED HANDED.

      • l vent says:

        I agree Marilyn that there needs to be alot more done. But this is a start. We can’t forget who owns the Foreign Federal Government . These are really the same crooks who dreamed up the Ponzi Scheme, robbed us and want to steal our freedom and our homes. The real punishment must come from the THE U.S. GOVERNMENT. THE U.S GOVERNMENT SHOULD HAVE NEVER ALLOWED THESE FOREIGNERS TO INVEST IN OUR HOMES IN THE FIRST PLACE. THAT WAS HIGH TREASON BY OUR OWN POLITICIANS WHO ALLOWED IMF OWNED FANNIE MAE AND FREDDIE MAC TO WEAR AN AMERICAN DISGUISE AND HAND OUR HOMES AND OUR ASSES ON A SILVER PLATTER TO THE FOREIGNERS. THE REAL PUNISHMENT IS NOT GOING TO COME FROM THE FEDERAL TRANCHES. THE FOREIGN FEDERAL GOVERNMENT NEEDS TO BE SENT PACKING BY THE AMERICAN PEOPLE. THE FEDERAL GOVERNMENT IS NEVER GOING TO PUNISH OR INVESTIGATE THEMSELVES. THE U.S. GOVERNMENT IS LOOKING WORSE AND WORSE AND THAT IS WHO WE SHOULD REALLY BE MAD AT. THE U.S. GOVERNMENT IS WHO LET THE AMERICAN PEOPLE DOWN BY NOT DOING THEIR JOB AND PROTECTING OUR FREEDOM AND NATIONAL SOVEREIGNTY FROM THIS FOREIGN MULTINATIONAL TYRANNY WITH THIS PONZI SCHEME/MANUFACTURED FINANCIAL CRISIS AND ON 9/11. WHERE ARE THE INDICTIMENTS BY THE DOJ? THESE NEW WORLD ORDER BASTARDS ARE HIDING WITHIN OUR OWN CONGRESS AND ARE WHO SET THE WHEELS IN MOTION FOR THIS PONZI SCHEME. THEY ARE ALL TRAITORS. THEY ARE HIDING WITHIN THE WHITE HO– USE TOO AND ARE POSING AS AMERICANS BUT THEY WORK FOR THE SMOM/VATICAN/JESUIT/UN/NEW WORLD ORDER. THEY ARE IN COLLUSION WITH OUR FOREIGN MULTINATIONAL ENEMIES WHO WANT TO DESTROY OUR FREEDOM.. THE REAL TERROR THREAT TO AMERICA IS THE TERROR HIDING FROM WITHIN.

      • l vent says:

        Why that ahole Geithner, that NAZI is on the COUNCIL ON FOREIGN RELATIONS. HE WORKS FOR THE NWO.. Jesse Ventura was supposed to be doing a new Conspiracy Theories on whether Obama is really a CIA agent. RONALD REAGAN WAS A CIA AGENT. The CIA is OWNED AND CONTROLLED BY ROME. SO IS THE MOSSAD in Israel and so is MI6. WHO THE HELL KNOWS IF ALL OF THESE PRESIDENTS WEREN’T CIA AGENTS? Wouldn’t surprise me. Obama came out of virtually NOWHERE.

      • i VENT….YOU SAID IT RIGHT…..THIS COUNTRY NEEDS TO UNDERSTAND THE FACTS….THE TRUTH NEEDS TO BE SHOUTED LOUD AND CLEAR….REPEATED OVER AND OVER AS SOME PEOPLE ARE IN DENIAL OR FEAR HAS FROZEN THEIR MINDS. REGARDLESS….THIS IS NO TIME TO SIT BACK AND LET OTHERS DO OR LET’S SAY UNDO …WHAT HAS BEEN DONE IN OVER MANY YEARS BY OUR OWN GOVERNMENT….THE BACK ROOM SCHEMES AND CRIMES THAT NOW ARE IN FULL LIGHT…..THE LIES AND COVER-UPS NEED TO BE TOLD…AND WHO, THE NAMES NEED TO BE TOLD…JUSTICE WILL BE DONE….THE UNITED STATES OF AMERICA WILL PUNISH THOSE WHO WERE TO SERVE AND PROTECT OUR COUNTRY AND THE PEOPLE…. BUT WHO ALL WORE THE MASKS WILL BE NAKED… THEY ALL KNOW WHO THEY ARE….AND SO DO WE.
        THE FOREIGN FEDERAL GOVERNMENT. WITH SCHEMES TO RUIN AMERICA WITH THEIR SICK DISEASED MINDS….HAVE BEEN STOPPED IN THEIR TRACKS. IT MAY NOT SEEM LIKE IT….BUT IT IS THERE…MAYBE IN THEIR ‘ OWN BACKYARD ‘……WHO KNOWS WHAT LURKS IN THE SHADOWS……LET’S LEAVE THIS AS THE MYSTERY OF THE MINDS.
        AMERICA….KEEP UP THE GOOD FIGHT…DON’T SLACK NOW…THERE IS MORE TO FIGHT FOR…..REMEMBER…’ AMERICA THE BEAUTIFUL ‘…..

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