Uncovering Massive Money Laundering at TD Bank

TD Bank’s U.S. entity pleaded guilty and agreed to pay more than $3 billion in penalties, acknowledging it failed to properly monitor money laundering by drug cartels and other criminal groups. WSJ’s Dylan Tokar unpacks the investigation that led to such a historic deal.

Further Listening:

-The Suitcases Full of Cash Flowing Through Airports 

Further Reading:

-TD Bank Agrees to $3 Billion in Penalties and Growth Restrictions in U.S. Settlement 

-TD Pays Hefty Penalties as Prosecutors Detail Nearly a Decade of Lax Controls 

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