The Justice Department has charged a third TD Bank employee for his alleged role in a money-laundering scheme that led to over $3 billion in fines against the bank and prompted calls for greater accountability against TD executives.
Leonardo Ayala, a 24-year-old former TD employee who worked at a branch in Doral, Fla., was arrested on Tuesday and charged with facilitating money laundering to Colombia, prosecutors said. The charges against Ayala were unveiled Wednesday.
No one at TD Canada suffers much, they just raise fees to cover fines.
