Topic: The money thread

[warp]

https://www.theglobeandmail.com/business/article-how-td-bank-got-caught-up-in-the-global-drug-war-helping-to-launder/

Wild story about TD Bank and it's involvement in laundering drug profits....to the tune of more than US $ 600 million!! US law enforcement surveilled perps depositing $ 2 million cash in a single day at 3 TD branches in the NY area!!

US regulators could fine the bank ~ $ 2 billion and restrict it's expansion plans for a decade. Anyone who has TD stock, better be prepared for underperformance for some time to come.

[ktm525]

Canada is a hotspot for white collar crime as it is essentially not prosecuted. TD is about to find out the Americans don't F around. Check out the Caribbean, all the Cdn banks well represented lol.