Money Laundering Violations * The Gateway Pundit * by Cristina Laila

Bank of America was hit with a massive $1.2 billion fine over anti-money laundering violations.

The Treasury Department announced the record enforcement against Bank of America on Tuesday afternoon:

• The Financial Crimes Enforcement Network (FinCEN) assessed a $1.2 billion penalty for the Bank’s failure to mitigate and report priority national security risks, including Chinese Money Laundering Networks and illicit finance along the southwest border.

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