NEW: Federal prosecutors in NY are examining a $285 million loan that Deutsche Bank to Kushner 1 mo [View all]
NEW: Federal prosecutors in New York are examining a $285 million loan that Deutsche Bank made one month before election day last year to the real-estate company run by the family of Jared Kushner.
Prosecutors Examine Loan Made to Kushner Cos. Before Election
Unclear whether request is related to inquiry regarding companys use of EB-5 investment-for-immigration program
By Erica Orden
Dec. 22, 2017 11:32 p.m. ET
Federal prosecutors in New York are examining a $285 million loan that Deutsche Bank AG made one month before election day last year to the real-estate company run by the family of Jared Kushner, according to a person familiar with the matter.
Prosecutors from the Brooklyn U.S. attorneys office issued a document request in mid-November to Kushner Cos., asking for contracts and other information pertaining to the loan from the bank, this person said.
Chris Taylor, a spokeswoman for Kushner Cos., said the company has cooperated and will continue to cooperate with any reasonable request for information. A spokesman for Deutsche Bank declined to comment.
A spokesman for the Brooklyn U.S. attorneys office said he couldnt confirm or deny the existence of any investigation.
More:
https://www.wsj.com/articles/prosecutors-examine-loan-made-to-kushner-cos-before-election-1514003541