TD anti-money laundering ex-staffer pleads guilty to data theft https://t.co/AhkuD16b4P https://t.co/Hb50jY1bZS
A former Toronto-Dominion Bank employee who worked in its anti-money laundering department pleaded guilty to stealing customer data information and distributing it on a Telegram channel, Manhattan District Attorney Alvin Bragg said. https://t.co/vONxBiRZ19
TD shareholders line up at AGM to ask bank’s leaders about anti-money laundering failures https://t.co/p3U1khrqCD
A former bank officer has pleaded guilty to embezzlement after taking over $120,000 from customers' accounts and ATMs, according to the Department of Justice. Concurrently, Toronto-Dominion Bank (TD) has faced severe scrutiny following a $3.1 billion settlement related to its failure to prevent money laundering across several U.S. branches. The bank's board chair described the incident as the 'darkest day' in its 170-year history. Shareholders have expressed concerns at the bank's annual general meeting regarding its anti-money laundering practices. Additionally, a former employee from TD's anti-money laundering department has pleaded guilty to stealing customer data and distributing it via a Telegram channel, as reported by Manhattan District Attorney Alvin Bragg.