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Deutsche Bank Raided by Authorities Over ESG ‘Greenwashing’ Claims: ‘We’ve Found Evidence That That Could Support Allegations of Prospectus Fraud’
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Deutsche Bank Raided by Authorities Over ESG ‘Greenwashing’ Claims: ‘We’ve Found Evidence That That Could Support Allegations of Prospectus Fraud’

By 9 June 2022 No Comments

German law enforcement officials raided the offices of Deutsche Bank on suspicion of the fraudulent advertising of sustainable investment funds at its DWS unit.The investigation revolves around allegations that the retail money management business engaged in “greenwashing,” in which environmental, social and governance (ESG) investments are sold under false claims.

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