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Open original source ↗No one went to prison.
No home confinement. No DPAs.
No one was even charged.
Water under the bridge. Onwards!
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These are the quoted author’s words.
🇺🇸 BREAKING: Bank of America has been fined $1.2 BILLION by the US government. The bank failed to flag over $5 BILLION in suspicious transactions, the Treasury says. The missed transactions were linked to suspected Chinese money laundering networks and illicit finance around the southern US border. The Treasury called the bank’s money laundering and sanctions failures “egregious and continued.” The penalty includes a $750 MILLION fine from the Office of the Comptroller of the Currency, per the FT.
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