There appears to be a fair amount of cooperation between China and some of the Central and South American drug cartels. We’ve known for some time now that China has been supplying cartels with fentanyl and other drugs and drug precursors. Now it appears as though some Chinese interests are actually laundering cartel money through the American financial system…
TD Bank Pleads Guilty to Bank Secrecy Act and Money Laundering Conspiracy Violations in $1.8B Resolution…
TD Bank N.A. (TDBNA), the 10th largest bank in the United States, and its parent company TD Bank US Holding Company (TDBUSH) (together with TDBNA, TD Bank) pleaded guilty today and agreed to pay over $1.8 billion in penalties to resolve the Justice Department’s investigation into violations of the Bank Secrecy Act (BSA) and money laundering…
IRS Admits to Illegally Seizing Innocent Citizens Bank Accounts…
This is actually happening to victims of a little-known form of civil asset forfeiture carried out by the IRS on the premise of “structuring” violations…