TD Bank Guilty in Money Laundering Case
The Rich Zeoli Show
Audacy
4.9 • 1.6K Ratings
🗓️ 10 October 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The Rich the Holy Show on Talk Radio 1210, W.P.H.D. |
| 0:05.0 | This breaking news story about TV Bank right here in our area. |
| 0:11.0 | Laundering money to drug dealers, what the hell? |
| 0:16.2 | T.D. Bank to pay $3 billion and face a rope cap over money laundering violations. |
| 0:22.8 | Unbelievable. |
| 0:23.6 | Welcome back to the show. |
| 0:24.8 | Glad you're here 855, 839, 12, 10 on Twitter |
| 0:28.1 | at Rich Zioli. |
| 0:29.8 | This story just broke a short time ago. |
| 0:31.5 | There's a bunch of these branches all around us. It's |
| 0:33.3 | based actually out of Toronto, based in Canada. You're going to pay billions in |
| 0:37.7 | dollars in criminal fines and penalties to several federal agencies including |
| 0:41.6 | the Federal Reserve and the Office of the Comptroller several federal transparency laws. Wow. They allegedly fail to adequately oversee its retail |
| 0:56.2 | banking operations which allowed a subsidiary to be used to launder hundreds of |
| 1:02.0 | millions of dollars through a drug trafficking ring. |
| 1:07.8 | The bank allegedly failed to monitor 18.3 trillion in customer activity over a six-year period, allowing three money laundering networks to move millions of dollars through its accounts. |
| 1:20.0 | And Merrick Garland said in a press conference today, |
| 1:22.8 | T.D. Bank created an environment that allowed financial crimes to flourish |
| 1:27.5 | by making its services convenient for criminals. |
| 1:30.8 | It became one. But you better make sure that you report that 600 bucks you made |
| 1:36.6 | on Etsy or the government will come after you all right? Big company like this big |
| 1:41.5 | bank like this they do got to pay a little fine, you know, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

