Tag: Money Laundering
TD Bank to pay $3B in historic money-laundering settlement with the...
WASHINGTON (AP) – TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who said Thursday that the financial institution's lax...
Man given 10-year prison sentence for role in online romance scam
PROVIDENCE – An Atlanta man was sentenced to more than 10 years in federal prison after pleading guilty in an online romance scam in...
2 R.I. men arrested in multimillion-dollar retail theft crime ring probe
PROVIDENCE – Two Rhode Island men have been arrested and charged with taking part in an organized retail theft crime ring that targeted retailers...
Providence man pleads guilty to role in 3 fraud schemes
PROVIDENCE – A city resident faces two counts of wire fraud and one of theft of public funds and money laundering after admitting to...
TD Bank reports $181M quarterly loss in preparation for U.S. fines
TORONTO – TD Bank Group has reported a $181 million loss for the quarter that ended on July 31 after it had to set...
R.I. man pleads guilty to money laundering charge
BOSTON – A Rhode Island man has pleaded guilty to his involvement in a sophisticated money laundering and drug trafficking organization, the U.S. District...
North Kingstown contractor admits to bankruptcy fraud
PROVIDENCE – A North Kingstown contractor pleaded guilty to bankruptcy fraud, money laundering and other charges, U.S. Attorney for Rhode Island Zachary A. Cunha...
Cranston man charged with laundering $35M in fraud proceeds
BOSTON – A Rhode Island man was arrested and charged with laundering more than $35 million in fraud proceeds through his accounting and “virtual...
Feds: Fake Army general scammed multiple women out of $1M
PROVIDENCE (AP) – A Texas man has been arrested for what authorities say was his role in an online romance scam in which women...
Feds charge 15 with combined $578K in unemployment fraud
PROVIDENCE – Federal prosecutors announced charges against 15 individuals Thursday related to alleged fraudulent unemployment claims filed in Rhode Island and other states.
The defendants...