In this video I'll summarize what happened and why the fines were so incredibly high.

Links to the consent order and cease and desist order.

FinCEN TD Bank Consent Order, Number 2024-02

OCC Issues Cease and Desist Order, Assesses $450 Million Civil Money Penalty, and Imposes Growth Restriction Upon TD Bank, N.A. for BSA/AML Deficiencies | OCC