Merrick Garland Announces TD Bank to Pay Penalty for Not Stopping Money Launderers
Briefly

Under the leadership of Attorney General Merrick Garland, the Department of Justice has achieved significant victories against financial crimes, including a historic settlement involving TD Bank.
TD Bank's U.S. unit failed to maintain proper anti-money laundering controls for nearly a decade, facilitating transactions for criminal enterprises like a Chinese drug trafficking group.
Prosecutors revealed that criminal enterprises used TD Bank's services to launder over $470 million linked to illegal drugs, mirroring broader issues in addressing financial crimes.
Read at www.esquire.com
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