Third TD Bank Employee Arrested in Money Laundering Scandal
TL;DR Summary
A former TD Bank employee, Leonardo Ayala, has been arrested and charged with facilitating money laundering to Colombia. Ayala allegedly used his position to issue debit cards for accounts opened under shell companies, which were then used to launder millions in narcotics proceeds through ATM withdrawals in Colombia. He faces up to 20 years in prison if convicted. The case is being investigated by multiple federal agencies, and Ayala's trial will take place in New Jersey.
- Office of Public Affairs | TD Bank Insider Arrested and Charged with Facilitating Money Laundering Department of Justice
- A Third TD Bank Employee Is Charged in Money Laundering Case The Wall Street Journal
- Former TD Bank Branch Worker Charged in Ongoing Money Laundering Case Bloomberg
- US Charges Ex-TD Bank Employee With Helping to Launder Money to Colombia U.S. News & World Report
- Former TD employee charged in U.S. with facilitating money laundering to Colombia The Globe and Mail
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