TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties

In a stunning turn of events that has sent shockwaves through the financial world, TD Bank has officially pleaded guilty to charges stemming from a massive money laundering scheme. With a hefty price tag of $3 billion in penalties hanging over its head, this landmark case raises critical questions about accountability and transparency in the banking sector. How did one of Canada's largest banks find itself embroiled in such controversy? Join us as we delve into the details behind this high-stakes legal battle, explore its implications for the future of banking practices, and consider what it means for consumers relying on institutions they trust with their hard-earned money. Buckle up—this is a story you won't want to miss!