Former TD Employee Charged for Alleged Role in Money Laundering

Bank and Toronto Dominion Centre signage is pictured in the financial district in Toronto on Sept. 8, 2023. The Canadian Press/Andrew Lahodynskyj

The U.S. Department of Justice says a former TD Bank Group employee has been arrested and charged for allegedly facilitating money laundering at the bank.

The arrest is the latest development in an investigation into money laundering at the bank that led to more than US$3 billion in fines against TD in a settlement announced in October.