Bank Of America To Pay $16.6M To Settle Allegations Of Processing Drug Traffickers’ Transactions

Bank Of America To Pay $16.6M To Settle Allegations Of Processing Drug Traffickers’ Transactions

Processing transactions for drug traffickers is a big no-no, which is why Bank of America has agreed to pay $16.6 million to resolve federal allegations that it was involved in moving money around for ten traffickers over the course of four years.
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