Deutsche Bank Private Banking Head Admits €600,000 Theft

De Telegraaf

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An employee of Deutsche Bank appears to have skimmed money from wealthy clients in a very simple way.

Globo

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The former head of a private banking team at Deutsche Bank in Frankfurt, Germany, confessed in court to having diverted more than €626,000 (US$729,950,000) of wealthy customers, in various installments, over a period of one and a half years. The 39-year-old man — who, according to German press law, can only be identified as Sven R. — appeared in a Frankfurt court on Tuesday (25), accused of over-confidence. From the end of 2023, he took advantag…

Frankfurter Allgemeine

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An ex-filial manager of Deutsche Bank has confessed to having misrepresented more than 600,000 euros of customer accounts.

Sueddeutsche Zeitung

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A former team leader at Deutsche Bank is said to have brought six customers more than 620 000 euros. The process in Frankfurt not only shows how easily he was able to circumvent controls, but also raises questions about supervision in a showcase branch of the largest German money house.