Jared Kushner (Shutterstock)
Federal prosecutors are scrutinizing a $285 million loan from Deutsche Bank to Jared Kushner's family real-estate company, The Wall Street Journal reports.
The loan was issued in October 2016, one month before the presidential election. Kushner was chief executive office of the Kushner Company at the time and was also advising the successful presidential campaign his father-in-law, Donald Trump.
Financial disclosure forms filed by Kushner show he has a line of credit from Deutsche Bank valued between $5 million to $25 million.
On Friday, The New York Times reported that federal prosecutors have subpoenaed Deutsche Bank for Kushner records.
It is unclear whether the investigation is related to special counsel Robert Mueller's investigation, a separate investigation into Kushner Company use of the EB-5 investment-for-immigration program, or an entirely new investigation.
Kushner Company spokesperson Chris Taylor said the company “has cooperated and will continue to cooperate with any reasonable request for information.”
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