@GhostOnTheHalfShell @daedalean i mean money laundering kind of by definition has to involve banks, right? (the money is laundered into a "reputable" bank, often from a less reputable bank but sometimes from cash) so banks are always involved whenever there is money laundering.
#TDBank was the most recent major bank to go down for a massive money laundering scheme.
Banks appear to have concluded that reliable supply chains, predictable weather, and the stability of human society in general are just not compatible with their business models. ¯\_(ツ)_/¯
i see the #DOJ has made their token arrest of an underling for the massive amount of #moneylaundering facilitated by #TDBank, whose corporate personhood was allowed to plead guilty to the same crime without anyone actually being arrested.
https://www.justice.gov/opa/pr/td-bank-insider-arrested-and-charged-facilitating-money-laundering
Because they are fvkn crooks.
"With Toronto-Dominion Bank already reeling from historic fines in the U.S. for conspiracy to commit money laundering, evidence has emerged that the bank continues to do business in Canada with alleged mafia leader Angelo Figliomeni."
#Canada #mafia #crooks #Liberals #conservatives #corruption #banks #finance #Toronto #TDbank #legal #crime
https://www.thestar.com/news/investigations/an-alleged-mafia-leader-has-been-accused-of-laundering-crime-money-why-are-these-banks/article_14515d4a-a5de-11ef-8c28-7374f61d0c68.html
Political organizers /Student activists
There is an emerging notorious concerning fact that #covid made the rich
1000X richer
And mass evictions and the rollout of zombie drugs Thanks to #jpmorgan #tdbank
Follow The Money
#election #facebook #microsoft #boston #activist #nyc #siliconvalley
Bank of America is the mafia that makes #haverhillma quiver in every sense
Also TD bank
Very convenient for TD BANK to sponsor drug #terrorists who put #zombie #drugs in the vast portion of the community we are forced to live in
Whilst drug kingpins funnel TRILLIONS INTO #TDBANK and stomp on the poor populations.
#TDBANK PAYS 5BILLION$ fine
Yet launder TRILLIONS+
Let that sink in #electionnight #trump #warcomplex #mlultra #microsoft #siliconvalley #bigtech #michaelpaulino #harris
#IllegalDrugs and #Banks -- a perfect combination for enslaving populations -- either by getting them addicted to illegal narcotics and/or ruining their lives financially!
#TDBank executives oversee $670 million drug money laundering scheme, avoid jail
Judd Legum and Rebecca Crosby
Oct 21, 2024
https://popular.info/p/td-bank-executives-oversee-670-billion
CFPB Orders TD Bank to Pay $28 Million for Breakdowns that Illegally Tarnished #ConsumerCredit Reports
TD Bank’s #illegal behavior threatened the ability of tens of thousands of #consumers to access #credit, #housing, and #employment
"Jesse Eisinger, a journalist at ProPublica and author of The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives, told Popular Information that Garland's claim that the investigation of executives is ongoing was 'boilerplate' and 'one of these empty statements that they frequently offer.' According to Eisinger, although the fine was large, it can be absorbed by TD Bank as 'a cost of doing business.'"
#TDBank #MoneyLaundering #LorettaLynch
https://popular.info/p/td-bank-executives-oversee-670-billion
Just in case you were wondering why yes, there is a #crypto angle to the massive #TDBank money laundering scandal.
Turns out a big chunk of the fines levied by #FinCen for the massive drug money laundering facilitated by TD Bank was because "over $420 million [sent] to a financial institution offering cryptocurrency services in the high-risk jurisdiction of #Colombia."
Curious if anyone has any guesses as to what crypto company that is or was.
edit: my current guess is that the crypto company is #Kado, a Colombian company that trades crypto for cash and prepaid debit cards and uses #FortressTrust (FKA #PrimeTrust, a #Nevada company long rumoured to be connected to the italian mafia), to do (probably fake) KYC/AML.
UK, Colombia crypto exchanges linked in TD Bank record fine - TD Bank facilitated more than $1 billion worth of bank transfers from tw... - https://cointelegraph.com/news/uk-colombia-crypto-exchanges-linked-td-bank-fine #ukandcolumbiacryptoexchange #tbbank$3billionfine #tdbankrecordfine #moneylaundering #cryptoexchange #tdbank
Listening to a story on the #TDBank penalty and what it's for. Apparently they basically ignored KYC rules and didn't flag (and report to FinCEN?) things like million-$ Zelle transfers.
I must say, my CU won’t ever make that error. SWMBO & I recently discovered that they cap non-business transactions online to something less than $5k by default, as a firewall to limit the damage of compromised accounts.
"High-level executives were alerted to serious problems with the bank’s anti-money laundering program, but failed to correct them as employees openly joked about how easy it seemed to be for criminals to launder money there, Garland said."
For shame, #TDBank.
TD fined US$3 billion after pleading guilty to U.S. money laundering
https://nationalpost.com/news/world/td-fined-guilty-for-money-laundering
#TDBank is getting in trouble again
Here are some headlines from the past few years
"TD Bank hit with record US$3 billion fine over drug cartel money laundering"
"TD Bank reaches $1.2 billion settlement in Ponzi scheme lawsuit"
"TD reaches $70M class-action settlement on broker commissions, law firm says"
"TD Bank to pay more than US$28M in settlement for market manipulation"
"Between January 2018 and February 2021, one money laundering network processed more than $470 million through the bank through large cash deposits into nominee accounts. The operators of this scheme provided employees gift cards worth more than $57,000 to ensure employees would continue to process their transactions.
"TD Bank has agreed to forfeit $452,432,302 and pay a criminal fine of $1,434,513,478, for a total financial penalty of $1,886,945,780"
—
#OrganizedCrime #bribery #banking #TDBank
"In addition to obtaining today’s corporate felony pleas, the Justice Department has also prosecuted two dozen individuals for their involvement in money laundering schemes that moved over $670 million in illicit funds through TD Bank accounts. So far, the #DOJ has charged two TD Bank employees for their involvement in one of these schemes.
"Our criminal investigations into individual employees at every level of #TDBank are active and ongoing."
—
#crime #banks #FinancialInstitutions
"Today, TD Bank pled guilty to multiple felonies, including conspiring to violate the Bank Secrecy Act and commit money laundering. TD Bank has also agreed to a $1.8 billion criminal penalty. Combined with civil enforcement actions announced today by other agencies, the United States will be imposing a total [penalty] of approximately $3 billion against TD Bank."
— US Attorney General Merrick Garland
https://www.justice.gov/opa/speech/attorney-general-merrick-b-garland-delivers-remarks-announcing-td-banks-guilty-plea-bank
—
#TDBank #OrganizedCrime #MoneyLaundering #DOJ #MerrickGarland
Bill Cole 
