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FinCEN Assesses Record $1.3B Penalty Against TD Bank

fincen.gov
7 pointshippich3 comments
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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

How did this not get more votes? About top ten fines of all time.

They got caught laundering drug money, allowing multi-million dollar cash deposits at local branches.

Yeah I’m surprised as well. Just searched it up here after seeing the news somewhere else…

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