U.S. Department of Justice

"I want to extend my sympathy to the millions of Americans who’ve had their lives turned upside down by Hurricane Milton and Hurricane Helene. I know I speak for all of us in expressing my gratitude to the first responders on the ground who are carrying out rescue missions. And I want to thank all of the volunteers who are helping their neighbors get through these storms. " - Attorney General Merrick B. Garland

"Today’s resolution demonstrates that a company can be held accountable for serious crimes while also choosing a different path for their future." - Principal Deputy Assistant Attorney General Nicole M. Argentieri Yesterday, TD Bank N.A., the 10th largest bank in the United States, and its parent company TD Bank US Holding Company pleaded guilty and agreed to pay over $1.8 billion in penalties to resolve the Justice Department’s investigation into violations of the Bank Secrecy Act and money laundering. Read more: https://lnkd.in/dqvkpmpv

"As I’ve said before, a corporate strategy that pursues profits at the expense of compliance isn’t a path to riches; it’s a path to federal prosecution." - Deputy Attorney General Lisa Monaco Yesterday, TD Bank N.A., the 10th largest bank in the United States, and its parent company TD Bank US Holding Company pleaded guilty and agreed to pay over $1.8 billion in penalties to resolve the Justice Department’s investigation into violations of the Bank Secrecy Act and money laundering. Read more: https://lnkd.in/dqvkpmpv

Spreading false information about voting times or locations is a serious offense. The Justice Department is vigilant in prosecuting those who try to mislead voters. Ensure your information is accurate and report any misleading or fraudulent claims to local authorities or the FBI: https://tips.fbi.gov/home

"TD Bank chose profits over compliance, in order to keep its costs down. That decision is now costing the bank billions of dollars in criminal and civil penalties." - Attorney General Merrick B. Garland Yesterday, TD Bank N.A., the 10th largest bank in the United States, and its parent company TD Bank US Holding Company pleaded guilty and agreed to pay over $1.8 billion in penalties to resolve the Justice Department’s investigation into violations of the Bank Secrecy Act and money laundering. Read more: https://lnkd.in/dqvkpmpv

Principal Deputy Assistant Attorney General Nicole M. Argentieri Delivers Remarks Announcing TD Bank’s Guilty Plea for Bank Secrecy Act and Money Laundering Conspiracy Violations in $1.8B Resolution “When you criminally fail to protect your own bank from money laundering you put our financial system at risk, and we will hold you accountable. But it’s never too late to do the right thing.” - Principal Deputy Assistant Attorney General Argentieri Read the rest of her remarks: https://lnkd.in/dBqhfV_r

Deputy Attorney General Lisa Monaco Delivers Remarks Announcing TD Bank’s Guilty Plea for Bank Secrecy Act and Money Laundering Conspiracy Violations in $1.8B Resolution "Every bank compliance official in America should be reviewing today’s charges as a case study of what not to do. And every bank CEO and board member should be doing the same. Because if the business case for compliance wasn’t clear before – it should be now." - Deputy Attorney General Lisa Monaco Read the Deputy Attorney General's full remarks: https://lnkd.in/gTWu2ZfD

Attorney General Merrick B. Garland Delivers Remarks Announcing TD Bank’s Guilty Plea for Bank Secrecy Act and Money Laundering Conspiracy Violations in $1.8B Resolution “TD Bank created an environment that allowed financial crime to flourish. By making its services convenient for criminals, it became one.” – Attorney General Merrick B. Garland Read the Attorney General's full remarks: https://lnkd.in/dPeyz8_K

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. TDBNA pleaded guilty to conspiring to fail to maintain an anti-money laundering (AML) program that complies with the BSA, fail to file accurate Currency Transaction Reports (CTRs), and launder money. TDBUSH pleaded guilty to causing TDBNA to fail to maintain an AML program that complies with the BSA and to fail to file accurate CTRs. TD Bank’s guilty pleas are part of a coordinated resolution with the Board of Governors of the Federal Reserve Board (FRB), as well as the Treasury Department’s Office of the Comptroller of the Currency (OCC) and Financial Crimes Enforcement Network (FinCEN). “By making its services convenient for criminals, TD Bank became one,” said Attorney General Merrick B. Garland. “Today, TD Bank also became the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures, and the first US bank in history to plead guilty to conspiracy to commit money laundering. TD Bank chose profits over compliance with the law — a decision that is now costing the bank billions of dollars in penalties. Let me be clear: our investigation continues, and no individual involved in TD Bank’s illegal conduct is off limits.” Read more: https://lnkd.in/dqvkpmpv

October is National Disability Employment Awareness month! The Department of Justice celebrates the contributions of America’s workers with disabilities and showcases supportive, inclusive employment policies and practices that benefit employers and employees. #NDEAM