TD Bank to pay $3 billion after breaking U.S. money laundering rules

Between January 2014 and October 2023, TD Bank failed to monitor $18.3 trillion in customer activity, leading to extensive money laundering, regulators said.

"TD Bank created an environment that allowed financial crime to flourish," U.S. Attorney General Merrick Garland said.

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https://www.cbsnews.com/news/td-bank-money-laundering-3-billion-fine-settlement/