Money Laundering

• RCMP claim record cryptocurrency seizure of $56M in money laundering probe

  The Canadian investigation into TradeOgre began in June 2024, following a tip from the European Union's policing agency Europol to the RCMP's money laundering division.

  Crime

  Sep 18
  
• Ontario man among 4 facing charges in $128M fraud and money laundering scheme: IRS

  An Ontario man is one of four men who are facing charges in connection to a fraud and money laundering scheme, according to U.S. authorities.

  Crime

  Jan 20
  
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• Ex-TD Bank worker in U.S. charged with alleged money laundering to Colombia

  A former TD Bank employee in the U.S. is facing criminal charges for allegedly using their position at the financial institution to facilitate money laundering.

  Crime

  Dec 11, 2024
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• Ex-TD Bank anti-money laundering employee in U.S. faces criminal charge

  The employee was indicted for allegedly distributing personal information of TD Bank customers, the latest criminal probe to hit the U.S. arm of the Canadian financial institution.

  Crime

  Nov 7, 2024
• Trudeau ‘concerned’ about TD Bank’s actions in U.S. money laundering case

  The comments appear to mark the first public acknowledgement by Trudeau of the case, which saw TD fined over US$3 billion to settle money laundering charges.

  Canada

  Oct 23, 2024
• TD Bank fined US$3B, faces U.S. asset cap in money laundering plea deal

  The bank has pleaded guilty to U.S. criminal charges of conspiring to launder money and failing to maintain a compliant anti-money laundering program.

  Money

  Oct 10, 2024
• TD Bank posts $181M loss amid anti-money laundering probe charge

  The third-quarter results included a $3.57-billion provision related to the investigations into TD Bank's anti-money laundering program in the U.S.

  Money

  Aug 22, 2024
• 3 months after Fintrac hack, experts say Canada missing out on financial intelligence

  Anti-money laundering and national security experts say FinTRAC is potentially missing out on thousands of pieces of intelligence used to fight money laundering or organized crime.

  Investigations

  Jun 7, 2024
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• Should Canadian bank customers, investors worry about money laundering probes?

  TD Bank and other Canadian banks have faced penalties after their anti-money laundering regimes failed to meet regulator standards. What does that mean for their customers?

  Money

  May 31, 2024
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• TD Bank gets ‘negative’ outlook downgrade amid money-laundering probes

  The rating revision marks the latest headache from the investigations that have led to the termination of some employees and invited scrutiny from shareholders.

  Money

  May 29, 2024