FinCEN Assesses Record $1.3B Penalty Against TD Bank(fincen.gov)
fincen.gov
FinCEN Assesses Record $1.3B Penalty Against TD Bank
https://www.fincen.gov/news/news-releases/fincen-assesses-record-13-billion-penalty-against-td-bank
3 comments
Yeah I’m surprised as well. Just searched it up here after seeing the news somewhere else…
TD Bank aka Toronto-Dominion Bank. This is a bit more substantial than the $9.2M penalty they got 5 months ago in Canada https://news.ycombinator.com/item?id=40248857
They got caught laundering drug money, allowing multi-million dollar cash deposits at local branches.