Bank Insider Accepts Bribes, Opens Fake Accounts To Launder $5,500,000 in Drug Proceeds: DOJ
· rhodilee jean dolor
AI Briefing
- • Former TD Bank employee Leonardo Ayala accepted $6,000 in bribes to launder $5,500,000 in drug proceeds.
- • Ayala opened over 150 fake accounts and issued 150 debit cards to shell companies.
- • The scheme occurred from June to November 2023, according to the US Justice Department.
Source Summary
A former retail banker at TD Bank has admitted to accepting bribes and taking advantage of his position to help launder drug money. The US Justice Department says that from June to November 2023, Leonardo Ayala received more than $6,000 in bribes to open fraudulent accounts, issue over 150 debit cards to shell companies and [...] The post Bank Insider Accepts Bribes, Opens Fake Accounts To Launder $5,500,000 in Drug Proceeds: DOJ appeared first on The Daily Hodl .
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