Violation Tracker Individual Record
Company:Bank of America Corp.
Date:September 27, 2006
Primary Offense:anti-money-laundering deficiencies
Bank of America agreed to pay a total of $7.5 million in settlement of allegations it was deficient in handling foreign money services business, enabling money laundering.
Level of Government:local
Action Type:agency action
Agency:Manhattan (NY) District Attorney
Civil or Criminal Case:civil
Private Lawsuit Resolution Type:settlement
Facility State:New York
Facility County:New York
Facility City:New York
HQ Country of Parent:USA
HQ State of Parent:North Carolina
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
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