TD Bank fined $3B after pleading guilty in U.S. money-laundering probe

• 2 months ago
• News
• Duration 1:19

TD Bank has pleaded guilty to violating a U.S. federal law aimed at preventing money laundering and agreed to pay over $3 billion in penalties to resolve the charges, government officials said on Thursday. In a news conference, U.S. Attorney General Merrick Garland said the bank 'created an environment that allowed financial crime to flourish.'