US settles suit alleging bank money laundering
ALBANY, N.Y. (AP) — Standard Chartered Bank has agreed to pay $327 million to settle federal and New York charges it laundered money on behalf of four countries that were subject to U.S. economic sanctions from 2001 through 2007.
News source: Yahoo! News
Related news: HSBC settles US money laundering case for $1.9B
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