Post

Bank of America has been fined $1.2 billion in penalties for violating anti-money-laundering laws and violating sanctions against countries including Russia, Iran and Somalia, according to the Treasury Department.

washingtonpost.comTreasury Department imposes $1.2 billion penalty against Bank of AmericaBank of America failed to adequately monitor for potentially illegal activity in its accounts, according to the Treasury Department. The penalty is the third largest in department history.

13/10/26, 9:45 pm13 reposts43 likes

The Ones Who Walk Away From the Torment Nexus

@thechrispaduan.bsky.social

This is 4% of their $29 billion profits for 2025. So, a business expense.

anonymous208934719.bsky.social

@anonymous208934719.bsky.social

this isn't a punishment, it's the government taking their cut for allowing it.

Corrupt slush fund in action !

@badbeef.bsky.social

And Trump will soon make it tax deductible !!!

walbart.bsky.social

@walbart.bsky.social

What until the justice department hears about the Trump administration.

Jennifer Graham

@jennrgraham.bsky.social

But it’s okay when the government does it? 🧐

steves125.bsky.social

@steves125.bsky.social

Why aren’t any of the executives being held criminally accountable?

Corrupt slush fund in action !

@badbeef.bsky.social

B of A is the bank of the Trump family ? I did not know …