TD Bank has agreed to pay a historic **$3 billion** settlement with the U.S. Justice Department for significant money laundering violations. 🏦💸 #MoneyLaundering#FinancialCrime#JusticeDepartment#TDBank#BankingNews

TD Bank to pay $3 billion in historic money-laundering settlement with the Justice Department

TD Bank will pay $3 billion in a settlement with U.S. authorities who say the financial institution’s lax practices allowed significant money laundering.

The fine should be at least 10x that, and the executives should be guillotined.