3 comments

[ 3.9 ms ] story [ 19.3 ms ] thread
$20 billion laundered, $1billion in actual profits regardless of what the books say, $500k fine.

What reason do they have to stop?

They don't, they fire the employees that got caught, then rebrand the group that does the laundering as a new "wealth management" group, and start the cycle again.
Guaranteed that there are no consequences greater than a slap on the wrist.