In what may well prove to be the most definitive evidence yet that New York criminal investigators are indeed closing in on Donald Trump for financial crimes, Trump’s personal banker at German financial giant Deutsche Bank — which has loaned the president hundreds of millions of dollars over the years — has abruptly resigned, the New York Times reports:
“Rosemary Vrablic, a managing director and senior banker in Deutsche Bank’s wealth management division, recently handed in her resignation, which the bank accepted, according to a bank spokesman, Daniel Hunter.
“’I’ve chosen to resign my position with the bank effective Dec. 31 and am looking forward to my retirement,’ Ms. Vrablic, 60, said in a statement on Tuesday.”
Deutsche Bank opened an internal review in August of a questionable real estate transaction between Vrablic and a company partially owned by Jared Kushner, Trump’s son-in-law who also serves as a top White House policy adviser.
Vrablic joined Deutsche Bank in 2006, and she immediately began courting a controversial new client: Donald Trump:
“(Trump) had been mostly off limits to the mainstream banking world because of his tendency to default on loans. With her bosses’ approval, Ms. Vrablic agreed to a series of loans, totaling well over $300 million, for his newly acquired Doral golf resort in Florida, for his troubled Chicago skyscraper and for the transformation of the Old Post Office building in Washington into a luxury hotel.”
A few years later, Vrablic was an invited V.I.P. guest at Trump’s inauguration, something that drew the attention of many, including investigators with the office of Manhattan District Attorney Cyrus Vance, Jr. According to court filings, Vance has impaneled a grand jury and is investigating Trump for insurance and tax fraud, along with money laundering.
Trump currently owes Deutsche Bank $330 million in loans which come due in 2023 and 2024. Since Trump personally guaranteed those loans, failure to repay them would allow the bank to seize his personal assets.
The Times also notes that prosecutors are looking closely at Deutsche Bank for their role in potential crimes:
“Since the November election, his prosecutors have interviewed Deutsche Bank officials about the bank’s lending policies and procedures, and bank executives expect that prosecutors will summon employees to testify before a grand jury.”
Once Trump is no longer president, he can be indicted, tried, and incarcerated for the crimes he’s allegedly committed. That’s why he’s fighting so frantically to remain in the White House and why he’s so terrified of what happens the minute he leaves office.