【TD Bank becomes the first bank in the United States to admit conspiracy to money laundering and is fined $3 billion】 Golden Finance reported that last week, U.S. Attorney General Merrick B. Garland announced in Washington that TD Bank, one of the largest financial institutions in the United States, pleaded guilty to multiple felony charges, including conspiracy to violate the Bank Secrecy Act and money laundering. Garland confirmed in a statement that TD Bank agreed to accept a criminal fine of $1.8 billion, and together with civil enforcement actions, the total fine against the bank is about $3 billion. He pointed out that the resolution includes "the largest fine ever imposed under the Bank Secrecy Act, and the first time the Department of Justice has assessed a daily fine on a bank."