Money Laundering

• 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
  
• 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
  
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• 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
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• 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
• 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
• 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
• 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
• Fintrac fines crypto exchange Binance Holdings $6M

  Fintrac says Binance Holdings failed to register with the federal anti-money laundering agency as a foreign money services business.

  Canada

  May 9
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• Toronto-area man accused of stealing, laundering cash at Niagara casino: OPP

  OPP say they've charged a man from the Greater Toronto Area who was involved in a 'suspicious transaction' at a Niagara-area casino.

  Crime

  Feb 1
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• Money launderers using online gambling sites, Canada’s Fintrac warns

  Canada's financial intelligence agency warns that illicit cash is being laundered through online gambling sites that provide a variety of ways to disguise shady funds.

  Canada

  Jan 18