TD pleads guilty in money-laundering case, hit with US$3.1B in penalties

Take your money out now!

876 Kerluke Flat

Unfortunately, it is only the shareholders and depositors who are punished for these crimes. The perpetrators walk away scot free!

Didn't a senior executive of a german car company go to jail in the U.S. for a number of years from the fall-out of the Diesel Gate fiasco?!
IMHO, a number of TD employees and senior management/executives may end up behind bars.

TD didn't pay their protection money to Uncle Sam. Every major bank operating in the world does this.

Garcia Edward Taylor Jason Young Richard

Canada doesn’t know about it, USA has to told it🤔

Are these people still in “TD bank?”

Shareholders should be compensated for loss of trust.

Thank you America. I could not get a job for 11 years, I was treated like dirt pushed from contract to contract and every time I spoke up in Canada for my human rights I got let go or told to just do my job at every place I worked. No TD executive helped me get another job and I was a polite, top executive assistant in 2007. It's good. Everyone hurt me. I was belittled and treated like a child not an educated women including when I reported to BMO about gift card laundering and fake police calls and threats of arrest with them dressing up as police and having my address claiming I did not pay my taxes. Every job application is rejected because all the banks are connected to the places I apply to work. I hope I get a good paid job. I deserved it rather than Aww let's move on to the next BAU by blonde haired management.

Can you imagine what’s going on now in Canadian banks and nobody has a clue.

Regulators are satisfied with strong language as a deterrent. wtf?

TD will write off the monetary fine as an expense. Why no criminal charges against the higher ups?

Paying to stay out of prison. Corruption pure and simple. Seize assets for poor people and throw them in prison, let the rich pay a fine and go free.

TD BANK IS THE MODERN DAY SCARFACE!

We have the wrong crooks in prisons,
The bigger crooks are running our Banks and robbing their customers blind.
Only in corrupt America.

Not bank....bitcoin forever

Fines what about criminal charges?

Time to shut the TD down. It’s a criminal organization at its core

People should go to jail

It's a good start! Banks are run by corrupt thugs!!!

The amount of money being moved set off all kinds of alerts so a lot of people knew. You can't deposit 10k without generating a call. You can't even pay off your mortgage without a red flag. The penalty is BS no one is acceptable and the consumer will again pay the tab middle finger.

They probably made 50 billion so there like 3 billion no problem

How will TD respond if US expansion is limited ? Expand further retail banking in Canada, Europe , Asia ? May be an opportunity to penetrate into more profitable markets.

I added to my position at $74 for the dividend., (>5%).

I like my TD Bank ...but I'm Italian lol

Insiders are predicting soon coming major bank failures.

Luckily for The TD Bank That they offered Stock Options to The Cartels if they can Pony up for These Trumped up Charges

TD is now the bad boy in Canada instead of CIBC. Bharat Masrani is making history by bringing TD to be the first Canadian bank to have an asset cap imposed by US regulators, sharing the same success as Wells Fargo.

USA is audited better than CORRUPTION = Liberal Governments CANADA........

👍🏼

Haha! Good. Criminal bankers

The board should be sacked, the chief risk officer and the anti money laundering team lead fired and the outgoing CEO forced to repay all bonuses and the board repay their director fees. There should be zero bonuses this year and no golden parachute or pension for the outgoing CEO.

Penalty $3 Billion and money laundered in the $ Hundred of millions 🤔

No jail time. lol. Take your money out.
bitcoin only hope.

This has been going on for years. Feds made sure to wipe their hands clean first before throwing TD under the bus. This is comical.

Must be why I'm being bombarded with TD adds. They need to make their money back.

Charges need to be laid on the individuals involved. As a shareholder I am very angry!

I would suggest that the Canadian economy rid itself of as much American influence as possible. The US is a fascist country, and following its lead will bring ruin. An example is following the lead of the American health agencies and the rollout of the mRNA technology.

That is ok, customer will pick up the tab with higher service fees😂😂😂


😫🤬Ahh Fack I am the customer.

TD's moral high road began with all of the rainbow flag branding. They decided they didn't just want to be a commercial bank, but a political activist group aiming to influence Canadian values.

I miss they days when Canadian business didn't seek enforce social policy. Things used to just be about customer service. But, nowadays TD wants to control how we all think.

How ironic is it that the lofty TD and all of their values got caught supporting international crime and fentanyl drug-money laundering. You failed to cover these details. Even Yahoo Finance was reoprting the fine details.

This is surprising for a Canadian bank since the big 5 stayed out of the 2008 fiasco. Unfortunately, TD entered the US system during the vacuum after 2008. I have to believe this whole deal is on the US side of the business where the crooks have not been weeded out and jailed.

CEO should serve jail term

Corruption is absolutely everywhere!! Did you get your percentage “the common Joe”??
Haha. Didn’t think so. If your not in the club your just not in it 😂😂

I wonder when the law firms are going to start suing “on behalf of shareholders?”

I'm under TD and this doesn't surprise me. They are theives. They pay their staff less than any other bank. I'm switching to a Credit union.

I think the bank could of gotten better legal representation from street person.

Glad I moved pretty much everything out of that Bank a few years ago.

Better be jail time, if it was a person they would be in jail.