WASHINGTON, July 15 -- The U.S. Department of Justice's Criminal Division issued the following news release:
A New York-based former employee of TD Bank, N.A. was sentenced today to 46 months in prison for facilitating a money laundering network's movement of millions of dollars through TD Bank accounts. A second New York-based former employee of TD Bank, N.A. and another financial institution was sentenced yesterday to 24 months in prison for conspiring to commit wire fraud affecting a financial institution and making false bank entries or reports as a bank employee.
According to court documents, Wilfredo Aquino, 47, of Manhattan, New York, leveraged his position as a TD Bank assistant store manager to facilitate a money laundering netwo...